If XOP can finish its head and shoulders top, it could mean an even more powerful push lower for oil production companies.
Image Source: Unsplash
If XOP can finish its head and shoulders top, it could mean an even more powerful push lower for oil production companies.
I already have puts on COP, but here are a few interesting charts in this sector for longer-term bearish trades.
More By This Author:
A Wedgie For The AgesI tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Comments
Log in or sign up to join the conversation.