Drillers…moving higher in the face of declining Crude Prices.
The "Power of the Pattern" suggested to pick up the oil drillers ETF (OIH) on 1/26 (see post here) Since that post, OIH is currently up over $11 per share since the pattern suggestion. Drillers have done well, even though Crude has declined almost 10% in the past couple of weeks.
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Game Plan...For those that own this ETF, keep a 4% stop on the position! Some investors picked up IEZ due to this post, (see post here) keep the stop the same.
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