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MTDR
Benzinga
67 days

Top 2 Energy Stocks That May Fall Off A Cliff in June

1. MTDR's RSI indicates it's overbought at 70.8. 2. The stock jumped around 9% in five days. 3. William Lambert was promoted to EVP, CFO and Head of Strategy. 4. MTDR shares closed at $49.50, with a 52-week high of $66.89. 5. Edge Ratings score is high with 23.17 momentum score.

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FAQ

Why Bullish?

Despite being overbought, momentum is strong; historical trends show potential for continued growth in similar scenarios.

How important is it?

Leadership changes can significantly influence market perception, and compounded with the stock's recent performance, make this relevant.

Why Short Term?

The immediate promotion and recent stock surge may lead to continued interest but could reverse if conditions change.

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