Karoon Energy Ltd Stock Forum

Woodside ( $Woodside Energy Group Ltd(WDS.AU)$ ), Santos ( $Santos Ltd(STO.AU)$ ), Beach ( $Beach Energy Ltd(BPT.AU)$ ) and Karoon ( $Karoon Energy Ltd(KAR.AU)$ ) should be banking some solid cash at the moment considering the recent rally in OIL.…All 4 stocks are CHEAP.

• Top gainers: $South32 Ltd(S32.AU)$ $Seek Ltd(SEK.AU)$ $Lovisa Holdings Ltd(LOV.AU)$
• Top losers: $Paladin Energy Ltd(PDN.AU)$ $Woodside Energy Group Ltd(WDS.AU)$ $Bellevue Gold Ltd(BGL.AU)$
Market Performance
Australia's $S&P/ASX 200(.XJO.AU)$ closed 1.1% higher at 7649.2, with all but one sector in the green, as the market rallied amid signs of no further escalation in Middle East tensions.
Energy stocks fell 1.5%, with losses led b...

• Top gainers: $Mercury NZ Ltd(MCY.AU)$ $Meridian Energy Ltd(MEZ.AU)$ $Santos Ltd(STO.AU)$
• Top losers: $Karoon Energy Ltd(KAR.AU)$ $Pinnacle Investment Management Group Ltd(PNI.AU)$ $Flight Centre Travel Group Ltd(FLT.AU)$
Market Performance
Australia's $S&P/ASX 200(.XJO.AU)$ closed 1.0% lower at 7567.3, completing its heaviest weekly fall since September amid fading hopes for interest-rate cuts and growing worries over the ...

This week we will hear from one of the world's biggest oil producers, who is flying under the radar globally, and that is Woodside $Woodside Energy Group Ltd(WDS.AU)$ who reports Q1 numbers. It will be a gauge of what we can expect for oil demand.
There are Middle East War Scenarios from Bloomberg for Oil and VIX see below, but it's important to remember that oil prices are being driv...

Cracking chart from Morgan Stanley 📊💪
Oil market has "two regimes", they say!
$77-$79/bbl = Norm, but...
$138-$140 = Norm at times also!
"There is a small probability that prices switch to the higher one"-MS
$S&P/ASX 200(.XJO.AU)$ $Santos Ltd(STO.AU)$ $Woodside Energy Group Ltd(WDS.AU)$ $Karoon Energy Ltd(KAR.AU)$

$29Metals Ltd(29M.AU)$
- Downgraded to underperform from neutral at Macquarie; Price Target: $0.25 from $0.45
- Retained at overweight at Morgan Stanley; Price Target: $0.50
$Alpha HPA Ltd(A4N.AU)$ - Retained at buy at Bell Potter; Price Target: $1.60 from $1.68
$Aeris Resources Ltd(AIS.AU)$ - Retained at buy at Bell Potter; Price Target: $0.23
$Aristocrat Leisure Ltd(ALL.AU)$ - Retained at hold at Ord Minnett; Price Target: $45.00
$ALS Ltd(ALQ.AU)$ - Retained at buy at Goldman S...

$Karoon Energy Ltd(KAR.AU)$ 's short term uptrend is nowhere near as impressive as PRU's, and its long term downtrend remains clearly pointing down.
Price action is rising peaks and rising troughs, however, which indicates a return to a buy the dip mentality among market participants.
The most impressive technical signal on this chart is today's large white candle with a close on the high of the session. This speaks of a confident burst of excess demand, and the high close indicates a high pro...

+11.5% EML Payments ( $K&S Corp Ltd(KSC.AU)$ ) - EML Announces Sale of Sentenial Business, rise is consistent with prevailing short term uptrend, long term trend appears transitioning from down to up
+7.7% K&S Corporation ( $K&S Corp Ltd(KSC.AU)$ ) - No news, rise is consistent with prevailing short and long term uptrends
+7.5% Alpha HPA ( $Alpha HPA Ltd(A4N.AU)$ ) - No news, closed back above long term trend ribbon
+6.8% Bannerman Energy ( $Bannerman Energy Ltd(BMN.AU)$ ) - No...