WTI Potential Breakout Long

W&T Offshore, Inc.NYSE

Description

⋅ May 5, 2020 3:02 PM

WTI trying to breakout of it's current pennant.

If it breaks out, I would expect a retest once it gets rejected by the .382. Then it should race towards the .5.
It might run short unless it can get past that heavy $3.2 zone.

Triangle