SLCA to 16 in short orderenough said, SLCA has broken out and has room to run. I think it plays out like the fractal on the left arrowLongby inanis_Updated 1
North American Silica Sand StocksComparing the performance of 3 high-purity silica sand stocks from the United States and Canada: U.S. Silica Holdings Inc., Homerun Resources Inc. and Canadian Premium Sand Inc.by RockstoneResearch0
SLCA Hedged Options StrategyUS Silica Holdings Inc had a good Q3, as one of the top companies making revenue in a supportive role in the energy sector. Specifically, they supply sand that's used in hydraulic fracturing of oil and gas wells via its extensive network and can deliver on last-mile logistics (directly to the well site). Subsidiaries like EP Minerals also makes diatomaceous earth, perlite, engineered clays and other industrial products. With an increased demand for energy across the globe, this seems like a not-too-risky investment. And cross-referencing -- Analysts have mostly rated it a Strong Buy, Buy, and Hold; Yahoo Finance predicts a bullish performance both short and long term. BUT a neutral pattern is detected (see doji-ish star with a slight push up, and commodity channel index.) With the recent Fed rate hike and uncertainty in SPX and general indices, here's my even safer bet: a hedged trading outcome. Buy 1 $12 Call Sell 1 $17 Call Sell 2 $10 Puts All expiring 1/19/24 Making up to 29% on this options-investing strategy. Betting that $SLCA does NOT fall more than 34% though 1/19/24. Capital Required: $1,943Longby oliveinvest1
SLCA - WEEKLY BULLISH MOMENTUM Hello, NYSE:SLCA Looking at US SILICA for a weekly trade as it is showing positive momentum and holding up to markets negative drop and as it has already moved up significantly it looks like it has way more to go Wait for confirmations on MACD to get in WEEKLY TRADE - Focus on timeframe FIB LEVEL 0.5- Crossed golden pot and now testing LEVEL0.5 200SMA - Bouncing Resistance - Bouncing off 2019 resistance level now showing as support MACD - Getting close to cross over Let me know wus up, comments are welcome!! Good luck on your trading!!Longby edgarmiguel0
$SCLA ~ Correction in progress...As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities. by EndlessCode0
on my watchlist, could go on a parabolic rally ⚡SLCA setting up for a huge breakout! just needs to cross 18.27, then its of to the races Longby Vibranium_Capital2221
SLCA New 52 Week High*SLCA Made a New 52 Week High Yesterday *Taking full advantage of parabolic Oil move *Price above 200 DMA *More than 3 times of average volume on breakout candle Longby zhasan92hz1
SLCA Long SLCA has been seeing some consistent order flow albeit it is small. That being said< I like the sector that it is in and i like the pattern. I feel like we are about 10% late to getting in as the 786 at 12.67 should act as decent resistance. but clear that, we have room all the way into the 18s. Have to stay bullish while its above prints and the 618 so early entries are an option or one can wait to see how it handles 12.67. NOT FINANCIAL ADVICE Longby mbalboni101
$SLCA - Potential Long Entry First Alarm setup - Stock price greater than 9.35 (Stabilizing above as well). Second Alarm setup - OBV greater than MA30 (as shown in chart), First target - 10.70 I do not recommend buying or selling SLCA Stocks. Just an Idea. by Samuel12_19801
SLCA BullishThe 9 ema crossed the 20 ema and the stock has been trading in a relatively tight range for the last month or so. Currently the price is close to the POC (YTD). Yesterday's candle closed above the 1 level on my fib extension and also the MACD recently crossed. Looking bullish imo. Target: 13.98 in the short term. Longby Master_of_Fine_Charts552
I short, you long and we both make money, how can ?Looking at this chart reminds me of Next Digital which I had posted yesterday. This stock tells me a few things : 1. Weekly chart is on a long term bearish trend High of 72 in Sept 2014 to a low of 4.00 in 2020 (This warrants further investigation) 2. Reasons for buying this stock What attracts you to buy this stock ? Is it in an industry that you are familiar with ? Like Jim Rogers said, buy stocks that you have extensive knowledge in or at least can get hold of these information easily. Next, time frame - how long you want to hold this stock will determine your strategy. If you are a short term trader, then weekly or daily chart data will be quite meaningless to you. Look at Hertz, Tesla and Nikola that are heavily punted by Robinhood newbies. They are riding on the herd instincts to drive up the prices. And the time frame you choose must suit your current lifestyle. For example, if you are holding down a day job and are always in and out of meetings, rushing reports and all , then day trading may not be suitable as you cannot be watching the chart as frequently as you like. Plus, a dip in prices may affect your emotions and cause you to make mistakes at work unnecessarily. I often said trading/investment must offers you peace of mind, something that you enjoy with. With that as background, then we can fall back into the chart. On the day chart, we can see the price action has broken out of the inner bearish trend line. You can see clearly there are a series of LL and HH. The probability of it breaking out of this channel is high as it climb out to close the 2nd gap.But, it could also meet its resistance once it touches the upper channel and reverse gear and retrace to either the lower channel at 3.02 level or falls further towards 0.87 to 1.15 level, which is the all time low for this stock. Also, pay attention to price action that breaks out of descending wedge at 2.33 level. A good example would be Natural Gas . From the NG chart, you can see multiple fake breakouts from 3 different bearish trend lines. Each breakout offers you a false hope only to disappoint as it goes lower in prices. On hindsight, we can see it takes about 6 months of consolidation before we see the genuine price breakout of the main bearish trend line (see 26 June candle) Then come the opportunity costs question which is hard to answer in some cases. Between this stock and another, which would give you a better risk/reward ratio? Again, low or cheap price may not necessarily mean the potential upside is HIGHER. The consolidation could take months to years before a decent breakout happen. This will eat into your available capital for trading/investment. In Singapore , there are quite a lot of traders/investors who love SIA stock thinking that Temasek rescue will push the price up. Yes, this may be true but WHEN is a million dollar question that nobody knows ? This latest piece of article confirms my analysis that travel and tourism, hospitality and selected retail stocks are best to avoid for now , no matter how attractive the price may be. So remember, when other authors said bullish or bearish , they could be right or wrong depending on the time frame that you are trading on. Another thing to take note would be portfolio turnover. That is if you treat these stocks as your armies of soldiers and when you have a high turnover (replacing one company with another over short period of time), no matter how good your training, war strategies may be, you would have a hard time leveraging on the strength of your armies. It would lack the leverage factor that you can ride. Experienced soldiers who had been through wars can better guide the newbies so you have less to do and can concentrate on other important things. That means, if you have a portfolio of core stocks (say 10) , then your job is to go indepth to understudy the strength of each company, finding opportunity to add on the shares when others are fearful (eg. I am vested in Tencent and the recent 7% drop is an opportunity for me to add more). I hope my train of thoughts can offer you some insights and is helpful in your decision in taking a position with this counter. All the best, GBU. by dchua1969112
SLCA Stochastic Oscillator left the oversold zoneThis is a signal that SLCA's price trend could be reversing, and it may be an opportunity to buy the stock or explore call options. I identified 63 similar cases where SLCA's stochastic oscillator exited the oversold zone, and 54 of them led to successful outcomes. Odds of Success: 86%.Longby tickeron8
U.S. Silica Holdings, Inc 30% upside U.S. Silica Holdings, Inc. engages in the provision of commercial silica products. It operates through Oil and Gas Proppants; and Industrial and Specialty Products segments. The Oil and Gas Proppants segment focuses in delivering fracturing sand, which is pumped down oil and natural gas wells to prop open rock fissures and increase the flow rate of natural gas and oil from the wells. The Industrial and Specialty products segment consists of products and materials used in a variety of industries including, container glass, fiberglass, specialty glass, flat glass, building products, fillers and extenders, foundry products, chemicals, recreation products, and filtration products. The company was founded on November 14, 2008 and is headquartered in Katy, TX.Longby DEXWireNews15
Very Bullish ChartResistance turned to support. Moving averages on every time frame turned to support. Next resistance is our traditional horizontal one and it's a ways above. Above that is the 200 MA which is now acting like a magnet. I should check where the 100MA is though. Longby LoomiUpdated 6
One or More daily bar(s) above Support to confirm BullishnessSince we may fill a gap, we need one or more daily bar(s) above current support to confirm bullishness. The target would be obviously the high of the gap. We already have a stronger volume accompanying the candle that penetrated S/R but is not enough yet IMO.by mohamed.tharwat.elsherief8
Great long term Fallen Angel LongShowcasing some of our ideas here today as the market readys another major turning point. Target 2.73 and 4.83 for some partial profit taking - momentum from there. This is something i plan to hold long term and picking up nibbles of this! Holding this already since our members $1.45 alert. Insider buying and strong fallen angel pattern.Longby AcornWealthCorp118
SLCA - do we have a turning point.SLCA has made a W - bottom on daily chart and working on the W on weekly chart. This could be a very good long term runner - has lost 92% from its peek - if the weekly W is taken out. good luck Longby abcribe7
SLCA technically undervaluedAnalysis First would be the long term structure. We see two lower highs which creates our resistance and a very good place for us to expect this uptrend to end/consolidate. I really don't see why we would expect a break out at this time and set a higher high. Since the target is in 2021ish I'll worry about that later. Second is the shorter term wedge the price action is currently in. Very promising we didn't hit support the third time given what we see in the indicators. Both the MACD and RSI are showing hidden bullish divergence , (my favorite kind). I think we have a strong case for swing traders that we will break out the wedge. I feel given how poorly the price has done we would expect a retest of the wedge as support. We are way below the volume profile lower value area which makes the very literal technical case that SLCA is undervalued. Since price action has a habit of dancing around the value areas I would expect we go to the lower value area, consolidate, move the point of control, consolidate, and ultimately move to the upper value area. Should the price action actually mount the upper value area and the long term trend line then we can look at going damn near vertical, but that will be a few years away. The chart below shows that the Average True range is at 1.46, which is the lowest it has been, ever. I don't see many people use the ATR here but it is used to identify extreme lows in the market in general as well as lows in volatility as well. It is almost like a bollinger band without the noise for measuring volatility. A riskier way to use ATR as a leading indicator to call a top, which isn't what we are doing here. Using the bollinger bands we see that we are against the weekly BB with all the bullish divergence mentioned above, with the ATR at a all time low. We also see the OBV has found a floor and is chopping sideways. Very likely the OBV and 10-20 EMAs will continue generally upward till they break through and find support on the 100 EMA, and after that a powerful move to the upside. Fundamentals Goldman is forecasting higher oil prices due to OPEC+ agreeing among themselves to cut supply more than analysis foretasted. If course, this tightening is occurring at a technically great time as the USOIL and UKOIL charts suggest. www.bloomberg.com Disclaimer You are not suppose to be emotionally attached to stocks that you trade, and in the interest of full disclosure SLCA is one of those for me with my main disappointment that didn't let this winner run enough when I was less experienced. Right now I wish my entry were better, I was in a little higher up but I have been holding this dip. Not financial advice and I am not a financial adviser or certified market technician.Longby This_Guhy6611
SLCA - Potential Long TradeGuys Keep an eye on this stock. Below my analysis: 1. Price close to all time low - (see monthly support) 2. Potential formation of a bullish false breakdown on the weekly - MACD and OBV positive divergences 3. Tail on the daily 4. POCs of past days is higher and has not been cleared 5. Too early to go long. IS is red on all time frames A considerable move might happen soon. BestLongby depfaUpdated 115
Beautiful Weekly "W" on SLCANYSE:SLCA On the Weekly Chart: - W in Willy, and crossing from oversold - W in OBV - Weekly W from May 2019 - There is a larger W from Oct 2019, that will be confirmed if price reaches 18.08 - Confirmation of this larger weekly W, would bring price up into the RLZ starting at 24.82 - Low risk trade: only risk to bottom of previous lows This is a long term trade: Entry: 12.20 Stop: 8.60 Target: 24.30 Partial profits taken at : 18.00 R/R : 4.2 Time Frame: 6-12 months Longby FearandGreed115
$SLCA Idea I bought this stock for various reasons. First the stock has seen pressure since reaching its recent high of $18.72 on April 23rd. Last week it got close to touching its 52 week low of $9.30. This was a point of buying interest for me as I believe the stock was oversold and is due for another run in the right direction. The stock was selling off and riding along the bottom side of the bollinger band, before recently trading away from the band and setting up for a reversal the other direction. As you can also see with the RSI, the stock was oversold when looking at the daily chart, which is another signal that I like to use when evaluating trades. I am a big fan of bullish/bearish divergence, and even though $SLCA is not showing true bullish divergence, the RSI has been steadily moving higher while the price moved back toward the lows (see the dark green line at the bottom). The last couple days, price action has moved the stock higher, but today was met with slight resistance at the 21 day MA. To be comfortable with this trade, I would like to see the price move through this MA as well as make a run at the top side of the BB. I will then look for a pull back before it sets up for a run toward the next MA's. I do not feel there is much downside risk, until the stock trades lower than the previous 52 week low, at which my stop will be placed below. Overall, this is purely a technical trade, and for short term potential. This should be an exciting stock to follow and once we get further into the trade I will re-evaluate with a fresh perspective. We also need to close the gap from May 23rd. This trade could go horribly wrong, and the stock could sink. But for now I am playing this one from the long side. We shall see how this plays out. Cheers, Les Everything here is purely my opinion, and in no way advice or recommendations on making trades. I may or may not hold positions in the instruments I analyze. NYSE:SLCALongby SouthFuturesUpdated 2