Based on very strong momentum breakout signals there is a clear technical move to the upside for Energy stocks in the Independent Oil & Gas sector. This is illustrated in the Sector ProShares Ultra Oil & Gas ETF DIG below:
Current breakout stocks from my forecast screener this morning show 10 of 15 stocks in the Oil & Gas sector have triggered a breakout signal. Many of these stocks are currently and have been previously profiled in the Weekly Breakout forecast articles including: (CHK) (DNR) (BTE) (ERII) (GST) (HLX) (WLL) and others.
Thank you for following my reports! If you enjoy receiving my free Breakout Forecast updates each week, please also consider receiving the complete breakout selections every week with a subscription today! Subscribers now also receive live momentum charts with continuous buy/sell signals updated intraday and intraweek.
Disclosure: I am/we are long DNR WLL MRNS BTE.