SM | Long | Technically Strong + Fundamentally Undervalued | (April 17, 2025)
1️⃣ Insight Summary:
SM Energy is showing solid upside potential both technically and fundamentally. We're at a key support zone, and the company appears significantly undervalued—making this a high-interest setup.
2️⃣ Trade Parameters:
Bias: Long
Entry Zone: Currently entering around $20.00
Stop Loss: Below recent structure (~$18.90 suggested)
TP1: $24
TP2: $39
Partial Exits: $45
Long-term targets (for position traders): $73 and even $107
3️⃣ Key Notes:
✅ Technically, SM is sitting at a strong daily support zone after a consolidation breakdown. While the recent move was bearish short-term, the broader trend since 2020 has been aggressively bullish—with over 6100% return since 2020.
✅ We're watching for a W-formation on the 4H chart, potentially forming between $20 and $19.50—this retrace may offer a cleaner re-entry or confirmation.
✅ Fundamentally, SM appears undervalued by 30% based on its P/E ratio and strong cash flow. Despite some revenue normalization projected by 2028, the overall trend remains positive, and share dilution is expected to decline.
✅ Seasonality favors long setups during this time of year.
❌ Risks: Breakdown continuation from current levels could invalidate the bullish setup—keep an eye on broader oil & gas sentiment and macro catalysts.
4️⃣ Follow-up Note:
I’ll be monitoring this trade and may provide an update if price reaches the retrace zone or breaks above $27.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
1️⃣ Insight Summary:
SM Energy is showing solid upside potential both technically and fundamentally. We're at a key support zone, and the company appears significantly undervalued—making this a high-interest setup.
2️⃣ Trade Parameters:
Bias: Long
Entry Zone: Currently entering around $20.00
Stop Loss: Below recent structure (~$18.90 suggested)
TP1: $24
TP2: $39
Partial Exits: $45
Long-term targets (for position traders): $73 and even $107
3️⃣ Key Notes:
✅ Technically, SM is sitting at a strong daily support zone after a consolidation breakdown. While the recent move was bearish short-term, the broader trend since 2020 has been aggressively bullish—with over 6100% return since 2020.
✅ We're watching for a W-formation on the 4H chart, potentially forming between $20 and $19.50—this retrace may offer a cleaner re-entry or confirmation.
✅ Fundamentally, SM appears undervalued by 30% based on its P/E ratio and strong cash flow. Despite some revenue normalization projected by 2028, the overall trend remains positive, and share dilution is expected to decline.
✅ Seasonality favors long setups during this time of year.
❌ Risks: Breakdown continuation from current levels could invalidate the bullish setup—keep an eye on broader oil & gas sentiment and macro catalysts.
4️⃣ Follow-up Note:
I’ll be monitoring this trade and may provide an update if price reaches the retrace zone or breaks above $27.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.