Good Vibes at ConocoPhillips

I've set up ConocoPhillips (COP) for a buy entry, so let's start by taking a look at a daily chart.

ConocoPhillips (COP) -- Daily Source: Dynamic Trader View Chart » View in New Window »

First, I like the bigger-picture pattern of higher highs and lows. Second, I like that the price is above both the 200- and 50-day simple moving averages. Third, I like the symmetrical pullback I'm seeing within the uptrend. Last, but not least, I like some of the Fibonacci timing parameters at the recent low -- as these suggest that a low might already be in place....234 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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