123Tom's TA study group

[123tom]

oil sector is interesting but


compare the bounce from the bottom to some of the soaring silver miners.
They both collapsed on that day in mid march. but while some oilers like BP and CVX have bounced quite well.... compare these with a few silver miners like MAG and SVM. silver miners made the same strong bounce and some surpassed the oilers but also needed to be sold at the peak, because in the last 7 trading days they have pulled back quite a bit. but for the money, the bounce in silver miners has outgained the oilers.

BP strong bounce

MAG silver

SVM silvercorp