turtlebuster

Shell fundamentals and technicals in alignment $$$

Long
NYSE:SHEL   Shell PLC
I've always been a fan of Shell corporation. In spite of the fact they are an oil and gas company I believe they are committed to leading us into a cleaner and greener future. They are well positioned to provide clean energy.

In addition, I believe Shell is benefiting from high inflation and high energy prices.

The chart for Shell is a great example of both a death cross and golden cross, where the 50 and 200 day moving averages cross. Further, you can see the price being supported by the 200 day moving average.


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