Energy stocks show another washout


  • Jason Goepfert

    Jason Goepfert

    Published: 2020-07-14 at 10:09:32 CDT

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.


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