Lanmar

Energy stocks might be overvalues against oil prices

153 3 8
The break of the pennant within the possible head and shoulders complex could be the deciding factor. In terms of risk/rewad I prefer to short energy stocks against oil             . But the way the chart is forming on a daily metric leads me to believe the trend of stronger energy stocks against oil             prices will continue in the long term.
Comment: At critical level...
Trade active: Short
Comment: According to this chart you should be long oil and short energy stocks, or long oil instead of energy stocks. I am long both
Great pick up chief... I'm eyeing up to short on a pull back to around 1.5 levels
snapshot
+1 Reply
Lanmar PRO Genghis
Thanks G. Hopefully a smooth trade turns out
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out