adriel.arrasmith
Long

COG Held Major $15 Level Now to $27

NYSE:COG   CABOT OIL & GAS CORP
Fundamentally, Oil             is severely oversold and price is pointing to a rebound. Technically, COG had a perfect AB=CD correction that also lined up with a huge supply level at $15. We then put in a double bottom. The next major resistance area I see that we should certainly hit is $27.
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