ConocoPhillips is showing a strong bullish structure, having surpassed its targets after a prolonged consolidation phase. We are waiting for the activation of the dark green structure to see a pullback, and then plan to short down to the orange-marked correction level. After that, we might consider a long position in the future.
http://dlvr.it/TH6C45
http://dlvr.it/TH6C45