VCortorreal

Pioneer is leading the energy stocks

Long
BATS:PXD   Pioneer Natural Resources Company
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Major stock indexes ended down, with investors also worrying that recent record gains might have overextended equities. However, the SPDR Energy Select Sector XLE , an exchange-fund focusing on energy names, rose 0.2%.

Top gainers included The Williams Cos. WMB , with shares up 3.1%, and Pioneer Natural Resources Co. PXD , with shares advancing 1.9%.

Pioneer on Tuesday got an upgrade to buy from analysts at Global Hunter Securities. The analysts also increased their price target on the stock to $235 from $207.

if you see the 3 blue rectangles you can see that PXD has reached its bottom and it's starting to grow again.
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