At resistance, but definitely an indicator to be looking to get in Energy related stocks such as UNG, APA, CHK, SLB on any pullback to the 200 day MA.
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Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
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