UKOIL Enters Slippery Slope

Unfortunately my last UKOIL prediction didn’t fair too well but using the science of Elliott Wave I think I’ve been able to identify previous mistakes and also a way forward.

I expect the $90-$91 range to send UKOIL back to $25 over the next 3 years or so. Based on what news? Who knows. We’ll see when it comes but the chart is always the first indicator :)

Commento:

$99-$100 shall be the next resistance level since $91 is already broken. Big dip yet pending.