XOP - Headed towards the top of a massive wedge. PT $38.50 Long

SPDR S&P Oil & Gas Explor & ProductArca

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⋅ 7. Nov. 2017 05:33

XOP appears to be looking to re-test the top of a massive wedge. Looking for contact around $38.50. Crude prices are providing a massive tailwind, I think we see $60 crude by December and XOP will follow to the upside.

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