Thursday, November 20, 2014

Oil & Gas Sector Scan

These tickers listed in the table below come from a scan I made early this morning.  They have been beaten down with the decline in oil.  Many are sitting in bottoming type formations and some are heavily shorted.

Some of these stocks are lightly traded and thus carry more risk.  Use stop losses or lose your house.

Here's the setup of AMZG I posted on Twitter during the trading day.  It triggered over $1.35.

Click on charts to enlarge view.






Ticker            % of float sold short

AMZG                    6.9
CNX                       5.3
EXXI                    23.9
GDP                     47.5
GST                      11.4
KWK                    31.8
HERO                   21.3
MHR                    22.3
PGN                     43.3
REXX                   20.0
GLF                      12.7
HOS                    11.8
MDR                   16.8
INT                      6.4 

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