/biz/ - Business & Finance

Anonymous Thu, Jun 23, 2022 04:25:52 No.49915177 [View]
File: 615 KB, 3267x1901, URA_2022-06-22_23-22-19.png [View same] [iqdb] [saucenao] [google]

>>49914800
So first of all, Gary savage called a top on oil stocks Friday and as soon as he did I verified the information and completely sold out of oil. About $70,000 I pulled. Here's the video. He even compares it to uranium. https://www.youtube.com/watch?v=XW7sIyptL7I&ab_channel=GarySavage

His reasoning was that oil stocks are so far stretched over the 200 DMA and in particular the 200 week MA. We saw this same thing happen withy uranium and we all got ass raped so I wasn't fucking around this time.

I was heart broken as fuck when oil stayed green on Thursday but wouldn't you know it today oil went sub $110 and oil stocks dumped 10%.

Attached is a uranium chart for demonstration. I'm using URA as it's a good benchmark for the sector.

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/biz/ - Business & Finance

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