simplenothing
Long

USO - Staying bullish

AMEX:USO   UNITED STATES OIL FUND
uso
27 0 2
uso
Figured I'd update this USO chart with a new target (#3). Unfortunately Energy-related stocks didn't pull back as I hoped when USO nipped at target-1. However, hopefully the target-2 area will allow them to consolidate before moving higher again.
Trade closed: target reached: USO hit upper trendline/target price sooner than I thought. I would expect it to pull back some now.
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