Oil prices and the energy sector have been pushed into the spotlight as investors speculate on the United States’ eventual involvement in the Israel-Iran conflict.
Naturally, it’s time to take a closer look at how energy stocks are positioned.
If a majority of individual stocks within the sector are sending a “bullish” message, there’s a good chance we can trust the bullish uptrend that appears to be re-establishing itself.
Check out the energy sector’s breakdown.
This post originally appeared at Money & Markets.