CRC | Long | Strong Cash Flow | (July 2025)

CRC | Long | Strong Cash Flow & Carbon Transition Story | (July 2025)

1️⃣ Short Insight Summary:
CRC is showing solid momentum as it combines strong cash flow from oil & gas with an expanding carbon capture strategy. Price action suggests a possible breakout on its second attempt at resistance.

2️⃣ Trade Parameters:
Bias: Long ✅
Entry: Watching current resistance zone closely on the 4-hour chart; money inflows confirmed on daily.
Stop Loss: Around $44 (invisible stop loss level to manage risk).
TP1: $53 💰
TP2: $57 💰
Partial Exits: Letting a portion run towards $63 for extended upside potential.

3️⃣ Key Notes:
We see strong institutional support, recent acquisition synergies from Aera Energy, and potential tailwinds from the Carbon TerraVault (CTV) project. Watch for volume confirmation and the upcoming Q2 earnings report on August 5, which could act as a catalyst. Be cautious of commodity price volatility and regulatory timelines for CCS projects.

4️⃣ Optional Follow-up Note:
Will monitor closely and share updates as the trade develops, especially if earnings significantly shift sentiment.

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Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.