Technical Analysis - None
Fundamental Analysis - The Analysts are Wrong
Stock will probably dribble down to 8 before August 6th earnings and then will blow out
Gas futures have rallied way more than crude due to a Philadelphia refinery shutdown. I'm bullish on crude, and I think that as refineries begin to take advantage of the spread between gasoline and crude prices, they'll provide continued upwards support for crude. But then again I'm usually wrong.