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nirmalc83

COP Long Swing Play

ConocoPhillips (NYSE:COP)  
nirmalc83 Updated   
NYSE:COP   ConocoPhillips
Trend Analysis Chart Patterns Oil COP LONG swingtrading
2
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trendanalysis chartpattern oil cop long swingtrading
OIL Play. COP broke out of coil recently on daily chart. Break of horizontal resistance around 58 ish can get this up to 62 (based on depth of W pattern).

Notes on chart.
Comment:
Good breakout and consolidation today. Doji today at the end of an uptrend. Need caution since market is vulnerable as well.
Comment:
Triggered and moved ~12% since. Still looks good.
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