Shell fundamentals and technicals in alignment $$$

I've always been a fan of Shell corporation. In spite of the fact they are an oil and gas company I believe they are committed to leading us into a cleaner and greener future. They are well positioned to provide clean energy.

In addition, I believe Shell is benefiting from high inflation and high energy prices.

The chart for Shell is a great example of both a death cross and golden cross, where the 50 and 200 day moving averages cross. Further, you can see the price being supported by the 200 day moving average.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.