Let’s See if They Get Legs

I mentioned DRQ on Tuesday’s video market recap as being a strong outperformer in the energy space.

Here are a few other sound technical long setups in that energy patch. I will give the caveat that Tuesday’s gap-and-fade across the board in the market leaves many a short-term sloppy chart, even if the overall gist is a bullish one. Thus, I am looking for these moves to have “legs,” or push back up towards and exceed Tuesday’s highs, as a trigger.

In addition to these ideas, also keep an eye on BHI COG LNG REXX for strength and legs.

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