Oil looking poised for a break out
Wait for the formation to break before making any trades. That said, it does look like Oil is setting up to trade higher. Maybe as high as the recent swing highs?
Nota
Looks like the breakout is finally on. Let's give it some time and see how far it goes.Nota
Bit of a disappointing close on Friday, well off the highs, but still comfortably above the breakout level. So, we hold long for now.Nota
Looks like the breakout is here. If oil proper runs, it might hurt equities. Stay long here. Consider other energy stocks and oil plays to be long as well,
Most ideas posted here are generated within our client community. Open your account and join our team to get the inside track on our trade ideas.
herenya.co.za/hca-trading/
herenya.co.za/hca-trading/
Most ideas posted here are generated within our client community. Open your account and join our team to get the inside track on our trade ideas.
herenya.co.za/hca-trading/
herenya.co.za/hca-trading/
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.