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ConocoPhillips

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ConocoPhillips stock discussion

COP H&S on daily going to 90-85
Snapshot

COP Breaking out of this ascending triangle Pattern.
Snapshot

XLE weakness on Short term time frame XLE XOM COP
Snapshot


COP entering into the bottom of the upward channel $105 to $110. OBV and divergences look to be turning around. This is following USOIL with a double dividend and a $70 put for the US to replace ~100MM bbls in the SPR.