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AXAS set to run

96
Abraksas Pete, AXAS is set to run again. With the weekly chart breaking above the 34sma returns look promising. This stock could run up to the $3 range yielding a nice return. The daily chart and hourly charts also look good. As long as the OIL services sector continues higher AXAS should move higher as well. Others to looks at are GUSH, RIG, DO, VLO. Stay in this one, until you see the stock drop below the 34sma on the daily.
Note
Hourly chart moving higher out of the channel. Good luck
snapshot
Trade closed: target reached
Oil cycle getting long, don't want to over stay my welcome. SOLD
bhowe
Also on:
AXASChart PatternsDOgushRIGTrend AnalysisVLO

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AXASChart PatternsDOgushRIGTrend AnalysisVLO
bhowe
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.