ENG is an interesting energy play, they need projects to be busy (I did not jump in yesterday and OA is a camp fire tale teller if he says he knew it'd jump 70-100 percent in overnight lol). Project work has ground to a snails pace since the slow down. I haven't seen O&G budgets getting released into massive play yet either.
Not going to say I don't want to pick up some single digit O&G plays though......there is money to be made there in anticipation of the startup again.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3