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TMoneyBidness

Still early on #OIL stocks...

Short
SandRidge Energy, Inc. (NYSE:SD)  
TMoneyBidness  
NYSE:SD   SandRidge Energy, Inc.
Trend Analysis Oil Energy Commodities
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trendanalysis oil energy
We might get a short term bounce in this stock (max up to $24), but I think we're destined to fall to $16.16, which is the fib for the retrace, as well as the previous trend fib extension. This correlates with the next targets down for the SPY ($350), and #WTI #OIL ($105).

I'm still short oil from $118.

Good luck out there and be nimble!
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