Pairs Trading Corner & Looking Short With Gas & Oil (PTEN – NBR)

Tom Cook

(Patterson UTI – Nabors, Industries)I am excited to feature this pair, as it is coming into a nice spread value of $11.50, or right at the top of our channel. This spread value is in agreement with our typical range of travel above the 10 (SMA) Simple-moving-average. Let’s take a closer look at the technicals […]

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