It may need to cool off after having quite the run, but I think pullbacks now are buying opportunities. If the
XLE were to pull back to the 48-49 area, I would be looking for strong energy stocks that were looking ready to get a leg higher.

Trade active
Shot up straight without any pullback. Did not give the retrace we are looking for.Related publications
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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.