I believe USOIL is going back to $44 and then to $38 is very possible by sometime in July to August. Just an idea.
Commento:
Moving down like it should. Was hoping it would go slowly. Was going to buy another leg down. Need to wait for another pullback
Commento:
Here is the current channel blown-up compared to my chart
Commento:
Looks like one more leg down and then watch for reversal
Commento:
Leg down continued to bottom of the trend. Nice move if you are still holding from around $50
Commento:
updated channel chart
Trade chiuso: obiettivo raggiunto:
T1 reached, $44, now we watch and see if it continues trend or works it's way back up following the trend to the upside
Commento:
Updated chart, added some more information