The RD pullback should find support between $52 and $53, but if it goes down to $50 is breaking of the up trendline, that means RD could go sideways from 50 to 56 dollars consolidation till November dividend run, a break above $56 will be bullish move. Just my quick analysis.
For the astute posters on this board. One reporter recently said that with the advent of electric cars oil one day will drop to 25 a barrel. Any here agree with him?
I agree with this pattern, if RD breakout above $56, could easily make it to $66 or $70 next year. The ascending triangle look very strong. Keep our finger cross that it don't break down to $46 again.
Oil giant's "A" shares have an attractive chart pattern.
Integrated Petroleums comparison--- Value Line (VL) rates 8 Integrated Petroleum stocks as “A+” or better for Financial Strength. Their current dividend yields range from IMO’s 1.63% to RDSB ‘s 6.56%. The next highest current yield is TOT at 5.32%. VL’s Projected 3-5 Yr % Annual Total Returns run from the high of RDSB’s 18% down to MPC’s 5%. The next highest is IMO at 17%, but its current yield is only 1.63%. VL thinks RDSB’s dividend is secure and could possibly be increased.
Trump Climate Change
While Dow industrials components Exxon Mobil (XOM) and Chevron (CVX) and many shale plays remain in sharp downtrends, BP (BP), Royal Dutch Shell (RDSA) and First Solar (FSLR) are among energy stocks that are approaching buy points.
RD Candlestick pattern today is a doji indecision and a hint of reversal almost an exhaustion. It look like a hangmen. I am hoping it will be a minor damage tomorrow so I can take a profit and wait for a $3.00 drop to buy again. Just my opinion only.
As suspected, my trading shares were called away pre x-date. So, I purchased at 53 and sold at the equivalent of 55.45. I did not receive the dividend so, basis current price, left some on the table...but not unhappy with the trade.
Global Oil Production. With the United States, Brazil and Canada increasing oil production, driving down prices, I see no real choice for OPEC other than to increase their production as well. Otherwise, they lose too much market share. I expect OPEC will flood the market with cheap oil to force shale oil production to shut down once again. The cycle will repeat history. Oil will fluctuate between $32 and $57/ barrel. Just my opinion. I am still long Shell.
Now that I am out, I will turn off the monitor and wait a month for RD to return to the bottom trendline support at 52-53 to start buying again, by then the next swing up should be $58.00. Just my own thinking.
Can someone explain the divi here? Last divi was 94 cents in December. Looks like another one in June. What is the yield here?
LNG destined to be one of the largest lng companies in the world..shell should be looking at it..revenue went from 69 million last year to over a billion in one quarter...too much to post
RD is looking very good going forward, if you look at the indicator On Balance Volume (OBV) you can spot right away when the stock pullback BUT the OBV continue to climb aggressively via Institutional buying, so I say it has a good future and keep watching this indicator for draw down for major change of direction.
94 cents dividend each quarter for last few years so $3.76 a year which, based on price of $55.65 per share, is a dividend yield of 6.76%
I sold covered May 19 55 calls on the trading shares that I bought a little while ago at 52.19. The option price was 0.45.
That means that if someone calls the shares away before the x-date (most probable scenario at this point), I will clear 3.29/share equivalent on the overall trade (more than 6% in three weeks). Should the shares not be called by 5/19, I will have collected 0.94 dividend on each share and the 0.45 for the sale of the option, so I will still have the shares with a base price reduced from 52.19 to 50.8 (minus a small transaction fee).
RD ascending triangle trendline (top) is still $56.00. I would say this will be the resistance for dividend run.
Covered all my short XLE hedges via ERY. 10 long trades since Dec16- all winners. Now my long RDSB outrights are rallying and going x-div soon. Man, is this a great country! Long and lovin' it. GLTA
RDSA will go higher. Do not worry. You are not wrong. And good purchase.
Ray, Retired what is going on? RDS-a good earning report but not doing very well today. Is oil the culprit?
If i read it right Ex-div date is may 18th.
Is RDS a stock I can own for the next 20 years? Is that safe to hold it that long?