For those who don't like to buy
extended stocks AFTER they have already made a run
(Think Late to The Party).
Here is a sector one doesn't have to chase. Do yourself
a favor and KEEP CHECKING MY PAGE TODAY as I'll be posting
charts in the energy theme that have some sort of bottoming
pattern either built or still building. As for this chart? There is
only one thing you need to know and that is the lower blue line.
It's called support. As you can see this issue broke the downtrend to the upside
after staging a mini with a shake the tree shake out low.
For informational and educational purposes only, these are not recommendations. Trade at your own risk.