This stock now looks ready for a reversal.
The name has formed a 'bullish reversal pattern.'
It might be time to examine some possible oil peers to poach.
The surge in individual stocks comes as both the WTI and Brent Crude indices jumped after China indicated it would hold trade talks with the U.S.
As oil recovers and begins to stabilize both the stock price and cash flow of companies in the space, dividend payments could drive strong portfolios.
If you follow me, then you know oil stocks is where I have been adding more so than anywhere else over the past couple of weeks.
Mother nature wasn't destructive enough to permanently shut down BP's Alaskan pipeline.
Oil markets are fine on the supply side, but demand will be a problem into the next quarter.
Positive signals abounds on the charts of the transporter of crude oil and natural gas.
Big insider purchases at Portola Pharmaceuticals and Alta Mesa Resources could be revealing.