I'm long 
CVX and 
XOM as well as oil futures here. I like how this setup looks, so I'm looking to add to longs today, ideally if we break the previous high. Weekly trend is already up, and it's likely that we see a really explosive rally out of this juncture, so try not to miss the run!
Best of luck,
Ivan Labrie.
CVX and XOM as well as oil futures here. I like how this setup looks, so I'm looking to add to longs today, ideally if we break the previous high. Weekly trend is already up, and it's likely that we see a really explosive rally out of this juncture, so try not to miss the run!Best of luck,
Ivan Labrie.
Note
Looks good, if we break up again next week it will surge. Time is close to end for the weekly, but monthly/quarterly show potential upside even after this time expires, maybe after a weekly consolidation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.