By Jeff Pierce
6.10 – Energy stocks have been on a tear lately – (see EMES, CPN, VTNR, LNG) so this is a sector you should be focusing on when it has a pullback. ENG has a strong chart but it`s obviously overbought and I would not chase here. If the RSI can pullback to the 40 level on the daily chart I think that would be a safe entry to start a new position in this stock.
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