Has the Energy Sector Bottomed Out?
Energy stocks in the US rose sharply on Tuesday April 10. XLE went up about 3% with some major stocks like Exxon, Halliburton, Occidental Petroleum or Devon rising substantially.
Looks to us that Energy stocks are ready for a breakout, after years of underperforming the overall market.
Looks to us that Energy stocks are ready for a breakout, after years of underperforming the overall market.
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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.