lauralea

ABC Bullish Falling wedge

Long
NYSE:COP   ConocoPhillips
This looks like a big time downtrend when I first looked at this chart

There is a gap over price which may cause R

There is also a FW. Falling wedges can be very bullish at the bottom and signal a reversal if the stock breaks up and out of it in an uptrend
They differ from triangles as both trendlines slope in the same direction and converge

Also an abc bullish pattern. Valid at or over long entry level with an UPTREND

NV is perking up a bit. Hard to buy this sector right now but I have to admit, these stocks are dirt cheap.
Possible stop below 3.4 so S is close by
Possible T2 69.5 to 80
Short interest is low

Not a recommendation
(Maybe Trump has a chane? dunno)
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