Long USOIL for a 10%+ MOVE

TVC:USOIL   CFDs on WTI Crude Oil
It took 15 days for USOIL to lose all the gains in Q4 2019 and the price is right back at the 51 level, which was defended successfully 4 times.

Comment: Price broke the 51 support and touched the 49 handle. That could have been a stop-loss hunt to get their long orders filled for a big move up.