ConocoPhillips is having massive bullish volumes on weekly uptrend and there's a good potential for the uptrend continuation.
Note
P.S.There are many other indicators that are being used for this TA, the above snapshot is only an example. The usual setups and strategies are based on trend-trading and include indicators like trend strength, squeeze oscillator, etc. from trading firms like Simpler Trading, GoNoGo Charts and others.
And as you should know - always follow your strategy and make your own choices.
Trade active
Counter trend correction in the process, still in uptrend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.