IEO Support and Ressistence

iShares U.S. Oil & Gas Exploration & Production ETF (AMEX:IEO)

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AMEX:IEO iShares U.S. Oil & Gas Exploration & Production ETF

IEO has a very clear suport and ressistence so my guess is that when it reaches the support I will buy and when it reaches the ressistence I will sell. This is not financial advice you do not have do follow or do anything I am saying this is just a thing I have came across and I wanted to acknowledge it.

Commentaire:

Update, it did fall through the support for a couple of months but came back strong

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