strong gains from oil again. this has broken all down trend levels. next stop should be around $75. that's amazing for sea they can load up on new hedges for 2020 and sell there ones at $56. remember most analysts had sea over $1 at $75 wti.
last week there was almost a 0 chance of that but now there a 90% chance of it. timing is everything and once sea let the market know there cash flow positive then move to the us should be strong gains
SEA Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held