ConocoPhillips
Long
Updated

COP Multiple Timeframe Level

449
COP pulled back this morning to a Daily timeframe 50% Retracement Level. This level goes back on the Weekly many years.

I like this for a long term hold play for dividends as well as a short term options play for the run up to earnings.

Check out my video idea for more thoughts on combining timeframes for Multiple Timeframe Analysis...
Trade active
Last week on the +5% day move up took profit to rebalance long exposure to energy. snapshot

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