Oil takes another dip as energy stocks are stuck in a nasty downtrend.
And oil stocks can't bounce here.
The company has a high dividend yield, which is safe.
As in the cup-and-handle pattern, which traders love to see because it often leads to breakouts.

This Could Be a Chance to Sell Real Money Pro($)

Last week's decline makes it look like the market is headed lower.
The anomalies tell me there is little rationality to the prices of oil and oil service companies right now.
COP is poised (again) to move higher.
Oil giant's "A" shares have an attractive chart pattern.
Finding bullish and bearish reversals in the market.
The cartel deserves respect for what it's trying to do on oil production.


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