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re: Oil stocks...are you buying?

Posted on 2/5/16 at 11:59 am to
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 2/5/16 at 11:59 am to
I like the COP chart setup:

Buy 30.50

Hold 52.00 to 59.00 for a correction.

Looks like a lot of buyers coming in.

It could extend below $30.50 to $26 - $29 area though. Hard to say with the dividend cut.
Posted by Blastoise
Seattle, WA
Member since Feb 2010
1783 posts
Posted on 2/5/16 at 12:42 pm to
I've got a few hundred dollars I'm thinking about dumping into COP. How low will they go?
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