Technical Analysis outlook - COMMODITY : $CRUDE OIL - $WTI
Sun 03.Feb.2019
Ticker:
LAST= 55.17
Crude oil movement during the last few days showed a Bullish move, with a recent high price seen on Fri 01.Feb.2019 at 55.46.
During the next few days the price is expected to continue to be UP as long as the price is above 53.60. And its recommended to ' BE LONG ' for a targeted price of around 57.80 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 46.80
Res_2 = 57.15
Res_1 = 56.20
Sup_1 = 55.20
Sup_2 = 54.25
Ticker:
LAST= 55.17
Crude oil movement during the last few days showed a Bullish move, with a recent high price seen on Fri 01.Feb.2019 at 55.46.
During the next few days the price is expected to continue to be UP as long as the price is above 53.60. And its recommended to ' BE LONG ' for a targeted price of around 57.80 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 46.80
Res_2 = 57.15
Res_1 = 56.20
Sup_1 = 55.20
Sup_2 = 54.25