Sandy energy especially oil stocks should do well today as well, oil up strongly overnight
I have BHP call warrants plus RFE, here is a spill on RFE technically and fundamentally
Today is d day we have been waiting for, this chart has one of the nicest charts on the market. Significant up trend, should break out today due to underlying oil price.
- Today should see break out of bullish flag (note yesterday first day of increased volume rather than decreased since beggining of flag formation) - RSI still in oversold territory - MACD just about to cross over into positive territory - Oil price re commencing its up trend
This shows a post of when I brought into RFE as could see the pattern forming http://www.hotcopper.com.au/post_single.asp?fid=1&tid=925224&msgid=5151601
