10-02-2017, 10:32 AM
COP is in an uptrend now. Why sell it? You have to think about if you sell it what would you put it into? Oil is one of the few sectors who hasn't participated in the 2 year bull market rally until the last month or so. Oil could either breakout of head back to that $45 barrel level or so. COP has had a nice rally and sure it could pullback to $47 or so. But the upside is far greater then the downside. I say stick with the name.