Watching for re-entries
This is not an investment advice. These are only my ideas.
Oil and gas have been on my radar and my trades for the last five months, in overall doing very well.
There is no indication of a slow-down at this moment, and the price action looks like there could be opportunities for re-entries.
Below is the list that I am watching right now. All are bouncing with long tails on the 21 EMA. This by itself is not an indicator to enter, but it is good to determine the strength. I will observe more consolidations and good entries. I won’t chase any stock this time.
Some examples of what I am looking for: