2 Oil And Gas Producers Set Up For Possible Breakouts

By | June 10, 2015

Scalper1 News

Don’t look now, but oil- and gas-related industry groups have been working their way higher in IBD’s 197 industry group rankings. Out of 10 subgroups tracked in IBD’s energy sector, the Oil & Gas-U.S. Exploration & Production group is the highest ranked based on six-month price performance. As of Tuesday’s close, the group ranked 28th out of 197 groups tracked by IBD, up sharply from a ranking of 148th three weeks ago. On Wednesday, OPEC said it Scalper1 News

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