Long
CONTANGO OIL & GAS LONG FOR A LONG TIME
The prices have broken the 200 daily SMA (red) on June and now are pull-backing on the 200 SMA. In my opinion, this is an opportunity to enter long in this stock. Probably we are assisting to a change the trend from the down-trend to up-trend. Stop loss on prices under the 200 SMA.
Trade active
Nice start today.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.