7 days ago • Posted by Jasper Lawler

Oil pointing towards $80 after breakout says Fundstrat

FUNDSTRAT: “WTI Oil has cleared the $67.98 resistance decisively and now above $70, with $80 now feasible ..

.. $XOM is the largest Energy stock, 25% of sector market cap, thus it is key. $XOM is the best performing large-cap stock (among top 30 stocks) in S&P 500 YTD, +50%.”

Source: Fundstrat / @carlquintanilla

Oil pointing towards $80 after breakout says Fundstrat
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