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Energy; A La Chart

Posted on Tuesday, July 29, 2008 at 08:25AM by Registered CommenterOption Addict | Comments Loading...

Last week the top performing "theme" around here was to short energy stocks (HERO, CPX, CRK, ENER, SD, GDP, PVA, ACI). Over the last month, these companies have confirmed significant breakdowns, and have seen quite a bit of volatility to the downside following the collapse of crude oil and natty gas. These trends have been in place now for multiple highs and lows and several companies are offering technical set-ups that are very easy to manage to the downside.

Take a look...









 

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