TazmanianTrader

$USO Oil targets hit. Sideways plus downside, maybe two weeks

BATS:USO   United States Oil Fund
Breakout was a success and we saw $80s for a good moment there. Plenty of time to have taken any profit on any positions I had. The pullback in between also happened according to the bar chart. Let’s see if the rest of my pattern can make its way through into a plummet for late May.
Comment:
USO continues following the bar pattern. Bounce imminent. Off 50 Day sma....

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