KOS trade ideas
Kosmos Energy Channel Trade SetupKosmos Energy Ltd. engages in the exploration, development, and production of oil and gas. The firms assets include production offshore Ghana, Equatorial Guinea and U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal. It also maintains a sustainable exploration program balanced between proven basin infrastructure-led exploration, emerging basins, and frontier basins. The company was founded by Brian F. Maxted on April 23, 2003 and is headquartered in Dallas, TX.
Kosmos on the watchlist"Kosmos has continued to make good progress in the second quarter with record quarterly production and strong free cash flow,” said Andrew G. Inglis, chairman and chief executive officer. “At current oil prices we are forecasting to exceed the 2019 free cash flow we set out at our capital markets day. Kosmos has an active second half of the year with multiple catalysts across the portfolio including five exploration wells in Mauritania, Equatorial Guinea and the Gulf of Mexico, and the planned sell down of our position in Mauritania and Senegal which remains on track.”
AVERAGE ANALYSTS PRICE TARGET $9.07
AVERAGE ANALYSTS RECOMMENDATION buy
SHORT INTEREST 5.5%
COMPANY PROFILE
Kosmos Energy Ltd. engages in the exploration, development, and production of oil and gas. It operates through the following geographical segments: Ghana, Equatorial Guinea, Mauritania and Senegal, and United States. The company was founded by Brian F. Maxted on April 23, 2003 and is headquartered in Dallas, TX.
Just a couple major daily trendlines for the KOS earnings on MONWill keep a close eye on these strong daily trend lines for Monday the 6th (Earnings for KOS). Depending on the probable gap I will day trade this stock based on these daily trend levels.
KOS Long SimSymbol: KOS
Position: 101 shares
Entry: ~$5.83
Stop-Loss: $5.14 (~11.84%)
Profit Target: $7.81 (33.9%)
Risk/Reward: 2.87:1 | $-Risk: $69
Technicals: RSI divergence on daily chart.
Fundamentals: Reversal, Bounce off 52-Week low, African Rig Count Up
Notes:
• This trade is solely based off RSI Divergence being a correct harbinger of trend reversal. In this case, a reversal of the short term down trend. If we look at the weekly chart, for the last three years we have been in a relative uptrend with price swings of ~$3 or so between peaks. In recent months we can see this price deviation ~$4, which could indicate a slowing of the longer term uptrend (still on weekly chart).
• Since I am using the 52 week low as support along with the Bullish RSI divergence, it made sense to place my stop just below the 52 week low at $5.15.
Risks:
• Unforeseen bearish momentum on exploration and oil could stop me out early. The stock could also stall out and I may never see my price target. This may require tighter trailing stops as time progresses. Must avoid being long for too long as capital may be utilized for more lucrative trades.
KOSMOS ENERGY LTD ( KOS ) analysis about risingNYSE : Kosmos Energy Ltd - KOS analysis about rising
KOS H4 chart
Indicators and oscillators positive
Positive volume
Price movements on the top band
In this case, the continuation of the rise can be expected
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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You can see the overall status in the following monthly chart
KOS rounding top easy shortlooks like a rounding top breaking downward. Someone could probably classify it differently. Maybe a pennant .
The chart looks ugly all over. scroll up and down the time frames. They all have oscillators pointing down and the overall trend is down.
Anyways looks like a continuation move down.
KOS -Created 6/5, Long Swing, 20% targetKOS bounced off the bottom trend and is starting to show signs of swinging towards the top, nice RSI, 20% potential return
KOS Long - Risky but high rewardwww.tradingview.com
This stock is a little bit risky. However, the huge upside makes it worth a shot. Remember to set correct stop-loss @5.57 (0.5)
As always. Target is floating and not set. If the trade is successful, I will close once it hit's SMA200 again.
Kosmos Energy Shares Snap A 6-Day Losing StreakThe daily chart shows that KOS shares have been trading in an uptrending channel since the end of last year. Even though Kosmos Energy has had a nice move off of the lows, the stock had still fallen more than 21% from last summer's high on the current bear market in oil. An initial stop loss on a long stock position can be placed under $8.40 (under Tuesday's low). Near-term resistance is between the $9.50 and $10 level (stock failed at the 200-day SMA in September and November).
On February 23rd, KOS reported Q4 EPS of $0.33 vs the -$0.07estimate on revenue of $178.1M vs the $150.84M estimate. They sold 2.4M barrels of oil compared to 1.9M barrels of oil in Q4 2013. The company trades at a P/S ratio of 3.62x and a P/B ratio of 2.72x.
Options in KOS were extremely active today (49x the average daily volume). The bulk of the trades were in July call buying and put selling (implied volatility rose 9.3% to 61.07).
