Monday Market Review: Bulls Back with a Vengence [View article]
Respirate: The area between 85 and 90 was strong resistance. It is likely to provide strong support and a good entry point with well defined stops.
On May 19 07:05 AM Respirate wrote:
> Vikram, if you can answer a question: What level are you looking > at for an OIH trade? $86-87? > > I agree that 'Services' is the sweet spot in the oil sector. It's > easily outpaced the S&P in recent months and may be expensive > in the short term. > Thanks -- R
Monday Market Review: Bulls Back with a Vengence [View article]
On May 19 07:05 AM Respirate wrote:
> Vikram, if you can answer a question: What level are you looking
> at for an OIH trade? $86-87?
>
> I agree that 'Services' is the sweet spot in the oil sector. It's
> easily outpaced the S&P in recent months and may be expensive
> in the short term.
> Thanks -- R