Oil Stocks Sell Signals...
After a long bull market in oil stocks they are breaking down technically. Although most sell signals could be viewed as entry points, in this case be careful. Most oil stocks have provided great earnings reports only to be driven down further. Buying at these support levels short term may be profitable for a bounce, but the charts are hinting some weakness in the sector.
Its very odd/funny, but the next sector to move into maybe oil..... But instead of waiting for buying points, eyeing short entry points maybe profitable. Buying the supports for a quick short term return, than set up short positions near the double top long term..
Its very odd/funny, but the next sector to move into maybe oil..... But instead of waiting for buying points, eyeing short entry points maybe profitable. Buying the supports for a quick short term return, than set up short positions near the double top long term..

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