Oil is moving higher, and the pattern shows we may see $ 78.00/barrel coming weeks.
We have good support $68 handle. The stochastic is not confirmed yet, but MACD shows we are on the up move now.
Strategy is BUY current level $ 73-74 fr a break of $ 78 resistance. I think we may see $85-88 range. Stop-loss below $68.
We have good support $68 handle. The stochastic is not confirmed yet, but MACD shows we are on the up move now.
Strategy is BUY current level $ 73-74 fr a break of $ 78 resistance. I think we may see $85-88 range. Stop-loss below $68.