Mega oversold levels in both the UK and US markets presents a bottom fishing opportunity when the overall market prints a buy signal. This strategy is suitable for the more aggressive trader and should be approached cautiously.
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Oil shares Enjoying their Moment in the Sun.
| David Paul
UK-based Eland Oil & Gas PLC (ELA.L) is an independent oil and gas company focused on building and developing a portfolio of producing upstream oil and gas assets in West Africa, primarily in the Niger Delta region of Nigeria.
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