ConocoPhillips (COP) gains strength in anticipation of infusion of $10 billion over the next two years

ConocoPhillips (NYSE: COP) has recently started witnessing a sudden revival of buying interest from traders and investors over the past four days.

ConocoPhillips (COP) has confirmned that it expects to sell $10 billion of assets over the next two years.

ConocoPhillips (COP) has recently breached the 200 days exponential MA and 50 days exponential MA on rising volumes, thus confirming the bullish tone in the stock.