8 Oil Company Charts Pointing To Downturns

 | Feb 10, 2021 04:48PM ET

Crude oil has had a tremendous run-up in price for the past 10 months. Below I share eight oil production companies whose charts seem quite prone to a downturn in the long-term, and obviously the present price levels are much more attractive than they have been in a while for shorting.

Apache Corporation (NASDAQ:APA):