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re: Oil stocks...are you buying?

Posted on 2/5/16 at 10:34 am to
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 2/5/16 at 10:34 am to
COP down to 33 already...
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.
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