The energy related oil stocks are moving higher after oil inventory numbers came out this morning. A few on my stock picks list I’m trading include OIH, ATI, DVN, PTEN, and COG. If momentum traders take hold of a few, I’ll add on breaks higher.
Here’s a shot of the OIH – Oil Service Holdrs. Note the move is now over the 200 daily moving average. Setting those stops in case these stocks decide to lose this break higher.
