SentimentEdge report

Jason Goepfert

7-14-2020 at 10:09 am

Energy stocks show another washout

By late last week, every energy stock was trading below its 10-, 50-, and 200-day moving average. Other times the sector saw a complete lack of uptrends, it typically rallied in the months ahead. Same for when there were very quick changes in medium-term trends like we've seen over the past 30 days, as insiders keep buying.

Sorry, this content is restricted to SentimenTrader members.

To read this post, please login to your account, sign up for our trading solutions or start a 30-day free trial to SentimentEdge report

Login →