Short option for O&GERF has had a large run up relative to other companies in it's industry. There is a large wick with large volume, this is a sell signal to me. I'd pair this short off with some long XOP but either way I believe it should work.
E17 trade ideas
nice recovering and multi top breakout >6.75I like this pattern is because the nice recovering this week, the breakout is going to be big, the volume concern a little be.
We need more volume but awesome patternIf we can break tthe 6.75 with great volume this thing is going to rock...The volume concern me because we need a break of the descending histogram
pennies to thousands oil strong group candidatestrong candle watch 200 day ma hook pattern above 50 relative strength strong get our book on amazon for patterns
pennies to thousands oil and gas nyse candidateabove cloud good candle see the best candlestick in our book on amazon chapter on candlesticks
relative strength strong cci and percent r in upper bands
