Long Setup with Double Connors Signal + Strong Fundamentals

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Long Setup with Double Connors Signal + Strong FundamentalsCoterra Energy Inc.BATS:CTRAshortermtraderTicker: NYSE:CTRA Timeframe: Daily / 4H Trade type: Swing trading → Position trading 🔹 Entry Zone $34.05 (market execution or limit on pullback) 🔹 Stop Loss $30.80 (below recent 3‑day low and 50‑week SMA) 🔹 Take Profit $41.04 (historical range projection + key resistance level) 📊 Why long CTRA? ✅ Connors RSI2 signals (short‑term extreme) April 1, 2026: buy signal April 8, 2026: another buy signal (double signal within 8 days) Indicates latent buying pressure and oversold conditions. ✅ Excellent fundamentals (Score 7/7) Growth: strong revenue & net income Debt: score 10/10 (impeccable balance sheet) P/E ratio: 15.58 (fairly valued) Interest coverage: very high ✅ Technical alignment Daily trend: Bullish 4H recommendation: Buy Daily RSI ~41 (rebound zone) 4H MACD crossing up ✅ Risk/Reward Risk: $3.25 (from $34.05 to $30.80) Reward: $6.99 (to $41.04) R:R = 1:2.15 (very attractive) 📈 Trade management Initial stop: $30.80 When price hits $36.50, raise stop to $33.50 (breakeven+) Partial TP1: $38.00 (take 30‑40%) Final TP2: $41.04 (remainder) ⏳ Time horizon Swing: 2–4 weeks Position: 6–8 weeks (if energy sector supports) 🔔 Final note *CTRA combines the best fundamental score (7/7) with a double Connors RSI2 buy signal over the last 8 days. Bullish daily trend and clear support make this a high‑probability setup.* Not financial advice – always DYOR. #CTRA #LongIdea #SwingTrading #PositionTrading #ConnorsRSI2 #StrongFundamentals