Thread by @ValueSituations

I'm a fundamental analyst and don't subscribe to technical analysis, but sometimes a chart can tell an interesting story better than words can - I've been looking at energy commodity charts while studying $panr and some observations -

#Oil is a real laggard vs. #natgas and #coal - despite being up ~55% YTD it hasn't really participated in the energy price surge to same extent as its fellow fossil fuels - here's the price lag YTD, showing oil is well behind:

Here's oil lagging over last 3 yrs chart -

And lagging over 5 yrs -

And lagging over 10 yrs -

Again I'm NOT a technical analyst, but I thought this chart was also interesting - #oil breaking out of a ~13 year downward price trend?

Sometimes a picture paints a thousand words. Real assets are interesting right now, and within this energy looks like a particularly interesting situation.