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ConocoPhillips

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COP Drill Baby Drill!
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COP H&S on daily going to 90-85
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COP Breaking out of this ascending triangle Pattern.
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XLE weakness on Short term time frame XLE XOM COP
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COP entering into the bottom of the upward channel $105 to $110. OBV and divergences look to be turning around. This is following USOIL with a double dividend and a $70 put for the US to replace ~100MM bbls in the SPR.