NRT- European Energy Play
NRT an oil trust stock, is up 75 % for the year despite global challenged market. It is in the middle of its trading range for the past 12 months.
Given the situation in Europe and lack of Russian oil in the free global oil market. I see this as a long-term swing play on energy with
upside heading into the European winter heating season. With the RSI between 40-50% this market is not oversold or bought.
Given the situation in Europe and lack of Russian oil in the free global oil market. I see this as a long-term swing play on energy with
upside heading into the European winter heating season. With the RSI between 40-50% this market is not oversold or bought.
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