Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
$XOP Short Idea
SPDR S&P Oil & Gas Explor & Product
Short
$XOP Short Idea
By FriscoTrades
Follow
Follow
May 24, 2022
1
May 24, 2022
Contrarian trade with everyone screaming to buy Oil Energy and Gas right now.
Chart looks bearish to me and smells like distribution.
Natural Gas ripped yesterday and I took EQT profits and added to XOP JUN puts.
$136 first target
Bearish Patterns
oilandgas
Oscillators
short
shortidea
SPX (S&P 500 Index)
SPDR S&P 500 ETF (SPY)
Stocks
Support and Resistance
tradeidea
Triangle
XOP
FriscoTrades
Follow
Also on:
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
.