THX but look at all previous bounces have failed about 50 % up
from lows . OIL going lower and NO ONE is drilling new wells. My
brother drills all over the world and he is unemployed for 5 months
now.
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Double bottom mid-January, rising on
XOP daily chart sure looks like a bearish rising wedge. Thoughts.
Posted by darnelds on 27th of Jan 2015 at 04:19 pm
Double bottom mid-January, rising on good volume. Looks like a bullish chart to me. Sorry I missed it.
THX but look at all
Posted by rbreese on 27th of Jan 2015 at 04:27 pm
THX but look at all previous bounces have failed about 50 % up from lows . OIL going lower and NO ONE is drilling new wells. My brother drills all over the world and he is unemployed for 5 months now.