Look for relative strength among members of a sector. Buy the strongest, sell the weakest. Case in point lately is Devon Energy. Today oil up a bit and many oil stocks up. Not Devon which broke down through support.
Something is wrong with Devon. Probably tooooooo much debt.
Carry on,
gh
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All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh