aschnell001

Liberty Oilfield Services Inc. - LBRT

aschnell001 Diupdate   
NYSE:LBRT   Liberty Energy Inc.
There has been a good upward trend over the past year.

The RSI is saying it's overbought, and that can be backed up by the trendline, so DO NOT buy right now.

Your best bet would be to jump in at around $12.50, assuming the trend continues as expected.

Inflation should help this stock perform well.
Trade aktif:
With the current strength buildup of the stock, I am adjusting my buy assessment.

There appears to be some resistance around $15.30 - $15.35. If LBRT breaks through the resistance, I'd likely buy somewhere around $15.75; however, due to such strength, it is smart to be aware of a possible short lived surge as it begins to break out above the current trend.

If the stock ends up running out of steam and drops some more, I've updated my buy assessment to $13.75 - $14.00 rather than ~$12.50.

If in the upcoming days there's a sign of more strength despite a drop, I would be looking for stronger support around the high $14.00 range, such as $14.50+, but no lower than mid $14.30s, unless no early support is available. This assessment is due to the trend and how far we can expect it to go without an early support zone.

Projection is $24 by the end of the year, with a 90% probability that LBRT will hold a price between $20.15 and $27.00 at the end of this 3-month period.
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