$SLB — Short
Energy has been on an absolute tear lately but it can't rise to the sky.
It is very overbought according to the oscillators and RSI.
I also am eyeing that open gap which lines up right with the 0.50 fib channel retracement level.
It is very overbought according to the oscillators and RSI.
I also am eyeing that open gap which lines up right with the 0.50 fib channel retracement level.
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.