To The Moon

There is a Cantonese saying that goes something like this "作熟好過作生" that literally translates as "it is better to deal with the familiar than the new/unknown". Apply this approach to the topic of "Which stock would I pick for swing trading?" I ended up with stock - $Camber Energy(CEI)$ It is a "nostalgic" stock pick because it was my "Sell" trade in Dec 2022. I have a post to prove it as well. Click here to read about it. LOL ! For those who have been reading my posts for a while, you would've known by now that I am keen in Energy stocks amongst others. Been trying to keep tab of all news "energy". Diving Headlong Into Energy Futures Energy Futures price performance as of 25 Jan 2023 Looking at US Energy Futures price performances for 24 Jan & 25 Jan Prices for all 3 energy types (Crude Oil, Gasoline & Diesel) seemed to have bottomed out and have turned the corner. To further monitor though.... Zooming Into Crude Oil Futures Crude Oil WTI - past 1 Year Price Movements Crude Oil peaked at $104.72 per barrel in 08 Jun 2022 That was just about time lag required for Crude oil draw down from US Strategic Petroleum Reserves (SPR) to take its effect Thereafter oil prices began to "fall" and traded "horizontally" sideways from Jul 2022 onwards. On 30 Dec 2022, oil price was $72.41, the last day of agreement by the Biden administration to tap on the reserves. By then, 220 Million barrels of crude oil have been siphoned from SPR to keep fuel prices "artifically" low for Americans and to guarantee Mid-term election smooth passage. However, all good things must come to an end. It is pay back time now ! With the US Administration starting to backfill and replenish the 220 Million barrels of oil consumed in less than 12 months; it will be a mammoth task that will take months; if not years to complete. Perhaps this is why oil prices begins to rise as the Economics Law of Supply & Demand kicks in. Stock - Camber Energy : In Focus: Camber Energy past one month performance Camber Energy ($CEI) - 26 Jan 2023's Moving Average Looking at CEI's past month performance It seemed to have bottom out on 10 Jan at $1.685 per share. Since then stock price has climbing up steadily; with sporadic spikes and dips now & then. It is currently sitting just above its 20-day moving averages; that is a "telltale" sign that this might be a breakout stock & price All that is needed now is continual monitoring and a lot of "patience" Do you think Camber Energy is a "credible" swing trade stock ? Do you think all energy stocks will outperform in 2023 ? Please "Like" this post ok. Thanks. The rating is very important to me !! @TigerStars ; @WallStreet_Tiger ;@TigerEvents @CaptainTiger @MillionaireTiger @Tiger_SG @TigerPM