GREY:BNKPF - Post by User
Post by
radioguru22on Mar 17, 2016 10:25am
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Post# 24669284
Action since earnings release..
Action since earnings release..Nice move since the release. Good numbers along with some stability in oil prices seems to have done it. Hopefully we've seen the bottom in oil prices. The moves in quality oil stocks seems to indicate this to me by cracking the 200DMA. Count BKX as one of those today with this action. Hopefully we close and stay above the 200DMA. Oil and the stocks definitely seem to be acting well in its 'period of strength' here in the Feb-June window. We need oil to break thru its 200DMA. GLTA