Energy Stock Pullback Could Yield Big Returns

stock just pulled back to its historically bullish 50-day moving average, which over the past three years produced returns of 23.2% for the shares a month later in 67% of circumstances. This trendline also coincides with the 50% year-over-year return level, triple this year's low of $10.95, as well as the 38.2% Fibonacci retracement of the stock's initial public offering (IPO) highs and lows. Subscribers to Schaeffer's Weekend Trader options recommendation service received this IREN commentary on Sunday nig ...