XOI and TSX Energy Index
The XOI enjoyed at big 9% up move this past week and the TSX Energy Index gained 6.8% and closed above the 40 week MA. Both are getting close to an intermediate buy signal. We might hit a pocket of resistance this coming week though as the XOI hits both the 40 week and 200 day MA while the TSX Energy Index is at the upper channel of its bull channel. [read more...]
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