MTDR | Guidance

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Journal Entry

Bias: Positive.

Sentiment: Optimistic.

Emoji (emotion): Processing 🤖.

Null Hypothesis: Buy.

Alternative Hypothesis: Sell.

Signals: %B Buying patterns, MA Buying patterns.

Position: Short term day trade.

Notes: I'm anticipating an earnings surprise this evening (A.M.C.) https://www.estimize.com/mtdr/fq4-2021?metric_name=eps&chart=historical.

Other: ...

Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of value & time that qualifies the right to exit the trade after profit is made; as long as the security is inside the box and above the trade's entry one could say the profit is within tolerance, likewise if the security is outside the box either because of value or time one could say the profit is not within tolerance. It's a way to add parameters to the future outcome (as a means to grade the journal entry) while simultaneously providing leniency in the ability to achieve success with said journal entry.

Disclaimer: My journal entry is not a complete prospectus, please consider it accordingly.

Social: I'm happy to hear from my readers/audience and I encourage constructive feedback; although I'm busy I will give my best effort to reply.

About the Author: I strive to become one of Tradingview's pinescript Wizards and Top Authors, as well as build a reputable reputation & following. I'm not a Wall Street retailer I don't have products or services for sale, although I am a financial scientist and my source of income is my trading; that is to say anything offered to the community is apart of my scientific journal or goodwill to mankind (you're very welcome).

About the Security: "Matador Resources Co. is a holding company, which engages in the exploration, development, production, and acquisition of oil and natural gas resources. It operates through the following segments: Exploration and Production, Midstream, and Corporate. The Exploration and Production segment focuses on the exploration, development, production, and acquisition of oil and liquids-rich portion of the Wolfcamp and Bone Spring. The Midstream segment conducts natural gas processing, oil transportation services, oil, natural gas and produced water gathering services, and produced water disposal services to third parties. The company was founded by Joseph William Foran and Scott E. King in July 2003 and is headquartered in Dallas, TX."
Anmerkung
(Follow Up) MTDR surprised Wall Street estimates, follow the link in my notes for the metrics.
Trade geschlossen: Ziel wurde erreicht
"The null hypothesis was accepted, journal entry concluded."
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