Long
Pioneer Natural Recourses to $230 by next April? ($PXD)
This is a weekly chart of 
PXD anchored with a Fib Retracement tool. I added a trend pitchfork to show an upward movement in the stock from now until 2023. Considering macro economic effects, a great balance sheet, and a recent PT raises toward the $200 level, I can see this stock following the provided trend channel and inching towards ATHs again.
In the short term, I would look for this stock to close a recent gap in the high 160s then try to break its recent highs before inching towards some of those analyst PTs.
PXD anchored with a Fib Retracement tool. I added a trend pitchfork to show an upward movement in the stock from now until 2023. Considering macro economic effects, a great balance sheet, and a recent PT raises toward the $200 level, I can see this stock following the provided trend channel and inching towards ATHs again.In the short term, I would look for this stock to close a recent gap in the high 160s then try to break its recent highs before inching towards some of those analyst PTs.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.