InvestingScope
Long

USO: Well supported on the long term.

AMEX:USO   UNITED STATES OIL FUND LP UNITS
The United States Oil Fund has most likely completed its technical pull back on the 1W scale and has resumed the bullish bias ( RSI = 57.828, MACD = 0.080, Highs/Lows = 0.2614). Being well supported by all the underlying trend lines , this is probably an early buy signal towards the 16.25 1W Resistance. We are long on USO with TP = 15.00.







** If you like our free content follow our profile (https://www.tradingview.com/u/InvestingS...) to get more daily ideas. **

Comments and likes are greatly appreciated.
High quality signals (http://www.investingscope.com) for live buy/sell opportunities on a variety of financial assets.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out