All these oil companies are following the same patternAll these oil companies are following the same pattern, this is due to algorithm trading nothing more. Old-style investing With fundamentals and drivers are not working. Because these machines are in full control. For example if you look at the Dow where it had a 300 point gain following day there was very little of profit-taking, why because it's driven by an algorithm. The same thing as occurring with oil stocks there is no correlation to the price of oil except when it's going down. The stock pattern is lower lows but the oil pattern is higher highs . Last time I checked this was an oil stock.