Post by
Tartar3 on Jan 20, 2022 2:50pm
Correlation
Big believer, But? positve correlation to falling oil prices, and zero correlation to rising oil prices lately, could signal a short turn top maybe? not only ATH but most CDN oil stocks, as usual, I hope to be proven wrongEnable GingerCannot connect to Ginger Check your internet connection
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Comment by
Renofund on Jan 20, 2022 2:56pm
Sometimes stocks overshoot, become overbought, etc. perfectly normal.
Comment by
Cobalt on Jan 20, 2022 4:58pm
Last time the sector got overbought was Oct took 3 months to work off for the next leg up , stronger bull now so 1.5 months?
Comment by
Tartar3 on Jan 21, 2022 11:13am
Yes, corrections within a bull markets are normal, actually a good time for a correction, maybe by earnings we'll have a turnaroundEnable GingerCannot connect to Ginger Check your internet connection or reload the browserDisable in this text fieldRephraseRephrase current sentenceEdit in Ginger×