Sunday, February 08, 2009

Energy Looks Good: PBR

Energy stocks are showing good accumulation patterns while coming off bottom price patterns. Of the energies that I monitor, PBR is showing the best relative strength compared to the sector. It is at 30 day highs.  I'd like to enter on pullback to support.

1 comment:

beactive said...

I agree, I got in PBR last week and see strength. It should pull back to 27-28 then buy more.
My post
http://www.stockroar.com/2009/02/07/tlt-getting-close-to-turn-up-oil-gold-holding-well/

StockRoar