nirmalc83

COP Long Swing Play

NYSE:COP   CONOCOPHILLIPS
OIL Play. COP broke out of coil recently on daily chart . Break of horizontal resistance around 58 ish can get this up to 62 (based on depth of W pattern).

Notes on chart.
Mar 27
Comment: Good breakout and consolidation today. Doji today at the end of an uptrend. Need caution since market is vulnerable as well.
Apr 10
Comment: Triggered and moved ~12% since. Still looks good.
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