This is clearly on it's way to <$20 before the summer. MOEX:CL2! Here is the Daily
Oil - Daily chart - Shorts in play as im expecting a pull back before going long at 52.60 with targets 60
Rebuy around 49.20-77 for a medium term target of 53.94 over the coming days, stop below 48.10
The reason why we feel CRUDE may Rise. * On weekly basis it has just started moving up * To Rise and come near 39.57 levels * Stoch RSI (3,3,14,Close) is Rising. * RSI (14,CLOSE) is Rising. * CCI (20,CLOSE) is Sinking.. Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above...
CRUDE is expected to rise. It is a pure risk call. We are expecting a gap up opening and may be the target be cleared in a day or two. Our BUY call shall be from 32.18 with a SL @: 31.73 Tgt01: 33.70 Tgt02: 34.19 Tgt03: 35.72. Chances are bright that crude may even touch 36.57.We are expecting this to happen shortly. Caution: The above is our personal...