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Bull Put Spreads in Energy Name Pulling Back to Support

by | Dec 4, 2022

Pioneer Natural Resources (PXD) has pulled back to the 2022 YTD VWAP near 237.75 and the 200-day EMA just below at 234 while now nearing a RSI of 40 so getting close to oversold while still in a long term uptrend on the weekly chart above its 55 week...

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