3 Energy Stocks That Are Breaking Out

Guy Cerundolo

On Monday, we sent out a bullish note and news on Crude Oil and the Energy space.

Today, I want to follow up on that and highlight a few stocks within the space that are jumping out to me as very good long trading ideas.

These stocks are breaking out and scoring well in our system: Valero Energy (NYSE: VLO), Cosan (NYSE: CZZ), and EcoPetrol SA (EC).

We do have a larger list of longs that we send out to clients but this list is a little something to whet your appetite.

It’s a good idea to continue to filter and eye this area for the coming days/weeks.

Here’s the charts, with annotations:

Valero Energy (VLO)

energy stocks breakouts valero vlo investing research bullish chart

Cosan (CZZ)

energy stocks breaking out cosan czz investing research bullish breakout chart

EcoPetrol SA (EC)

energy stocks breakouts ecopetrol investing research bullish chart

Author may have positions in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.