SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (64146)6/27/2025 2:02:59 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 69155
 
Play this natural gas stock for a big breakout, says Carter Worth
Published Fri, Jun 27 2025•1:37 PM EDT


Carter Braxton Worth @CarterBWorth

Share

Williams Companies (WMB) , a large-cap natural gas processing and transportation business, is toying with the prospect of a move up and out of the six-month range in which it has been trading. A breakout here not only would represent a breakout to a new 52-week high; it would also be a move above the stock’s former highs of a decade ago. Indeed, 10 years ago, on June 22, 2015, WMB hit a high of $61.38. Today, the stock is trading around $62.80. We’re buyers here, with a price objective of $70. WMB’s short-term chart shows the stock has formed an “ascending triangle.” Turning to the stock’s long-term chart, WMB is virtually unchanged from where it was 10 years ago, inching above its highs of June 2015. We like the stock at these levels. DISCLOSURES: none. All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL’S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.