zackxl

FENY, weekly bullish flag?

Long
AMEX:FENY   Fidelity MSCI Energy Index ETF
Taking a look at this as it a commision free energy ETF on Fidelity, Looks like a textbook bullish flag is forming. I personally am hoping for a slight retrace to 21.00 before and explosion to 23 and beyong. Weekly chart so may take a month to play out but something to monitor alongside the price of oil

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