AMEX:USO   United States Oil Fund
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If that upper green trend line is breached, USO will moon.

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So if we rally 100%... we moon. Lol
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Do you agree or disagree with the thesis? Do you think _if_ price gets to that level, the upper green trend line will act as a permanent resistance?
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peltouny b6d1016fdeb149be865b678a8ac935
@b6d1016fdeb149be865b678a8ac935, crude that high would require a large fundamental change, cant predict anything off technicals. broke resistance today so just has to hold. first target on /cl is 76 which equates to a small jump on uso to 50s.

My opinion, strong resistance
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@peltouny, good point, I know nothing about these fundamentals, or what a market cap that size would actually mean, or what would have to happen for us to get there. Adding this to my list of things to consider before entering a position. I appreciate the input!
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