DTT Buzz

XTO Energy Inc (NYSE:XTO) has been trading in a solid uptrend over the last two years; within the last few days it has pulled back to uptrend support. This pullback indicates XTO is setting up to continue to the upside and could climb as high as 80 before experiencing much downside pressure. If XTO doesn't break 80, I will be a little worried because it would be failing to make higher highs; that would indicate a reversal pattern is forming and the downtrend could be breaking.

Keith Greff Jr
DTT Trader/ Analyst