RDS.B lagging XOM - buy RDS
A picture is worth a thousand words. With oil prices holding above $100 (instead of 90-100), we can either go long RDS.B by itself or pair it up with XOM as a short sale, $ for $. Pairs trading is commission and transaction intensive, but it is much less risk, if it is done properly. By: Technical Tim, 10:41AM EST, Friday, Feb 23
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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.