I'm expecting to see a major rebound in the Oil markets. Most of the stocks in the sector have been beaten down for the past two or so years. It could be a false bottom but I am taking a position or two at this point and seeing how it acts.
I started with HK with a $1.00 entry and I plan to hold it for a while unless it crumbles. There are dozens of stocks in this sector that are perking up and would be good candidates for a swing trade in my opinion.
No comments:
Post a Comment