Long on oil etf. I'm surprised oil stocks are that low. With OPEC agreeing on cutting oil production soon, this is poised to breakout
here we have a nice trading opportunity to sell oil and even better opportunity to buy oil around 46.50. lets see how it plays out
treasure map follow up , targets supports , resistance
Treasure map exceptional , targets supports resistance
Bullish channel, as it makes its way into the summer months. PT $50
OI is looking like it's bottoming at the long term support. Technicals: - RSI/MACD positive divergence - RSI on Monthly in oversold area - Increasing volume in diamond area T1 May-Jul: 30.40 T2 May-Dec: 33.80