Take Advantage of the Rising Crude Oil Prices with These 2 Oil Stocks
$SM Energy(SM)$ and $卡隆石油(CPE)$ are two great oil stocks to lean on as the crude oil prices $WTI原油主连 2112(CLmain)$ is rising. Find out the entry setup and the brief analysis of these stocks. This video is extracted from my Weekly Live session on 3 Oct 2021.
Key Points
- Identifying outperforming stocks with relative strength (benchmark with S&P 500)
- How to manage your risk even though it is considered as late entry.
- The actual breakout entry based on momentum trading and the underlying strength of crude oil.
Watch the video
Safe trading. If you are day trading the US futures or swing trading for Malaysia and US stocks, do check out my YouTube Channel: Ming Jong Tey for additional videos and resources.$英伟达(NVDA)$ $小鹏汽车(XPEV)$
Further Reading
3 Signs That the Stock Market could be Topping Out
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