Extended refiners are sells per technicals
Carter Worth presented a bearish technical case on specific refiners, arguing they are extended and represent sells as they trade significantly above Wall Street targets and long-term moving averages.
CNBC FAST MONEY CHANGED ITS VIEW
BULLISH FOR 1 DAY, THEN THE TURNKeep reading this one
You've read the thesis and who argued it. A free account opens the argument, what validates it, the risks the show raised, and the moment in the episode where it was said — 3 ideas in full a day, no card.