SimplyShowMeTheMoney

$OIL bet on support holding 👁‍🗨

Long
TVC:USOIL   CFDs on WTI Crude Oil
*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management

Oil is in a really good buy zone right now. Crude is trading at $96 a barrel and could head to $93 before reversing. It has been under pressure due to recession fears, omicron concerns, and dollar pressure. Gas prices around the country have dipped, but my team believes that this will be short-lived. We may get a larger oil spike to $130-$140 soon.

Our portfolio as of 7/12/22: $TECS $CRK

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Comment:
I don't know what oil is about to do, but if we're being honest our feelings have turned bearish even though its green today.
Comment:
$88 next week?
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