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The pullback so far looks like a bull flag so maybe the rebound still has another leg up?
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EMA20 now is the bear's last chance for another leg down today.
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Third time posting this on here, going back to 2024.
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the United States. The company holds working interests in oil and gas producing wells in the Midland Basin, South Texas, Uinta Basin, and DJ Basin. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.
Charts posted are not recommendations. They are just a sharing of information.
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Possible measured move up, pink area is the 100% target.
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