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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

If the Energy is on the Dance Floor

chessNwine Sun May 22, 2011 9:20pm EST 2 Comments

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I mentioned in an earlier post this weekend that we could easily see capital come out of the now overbought defensive areas of the market soon. If that money finds its way over to the energy sector, here are some of the better looking long setups to my eye. See my analysis on the charts below for price triggers.
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2 comments

  1. GYSC
    GYSC
    May 22, 2011 at 9:24 pm

    I was hoping for a “I didnt do the lift” picture! If money flows back into energy that is gonna hurt the airline play, ugh.

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