I think the chart will explain itself but here goes.
- Everytime the RSI gives us a Hidden Bullish Indicator, the stock runs far and in a short period (65%-180%)
- After the run up, stock retraces to the golden pocket before starting up again
- Major Trendline Support (can be used as a stop loss)
- Oil is one of the few sectors that have escaped this 3 week bearish market
- VPVR showing lots of Volume in this price range
Trade active
Finally starting to lift off.
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Disclaimer
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.