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TheyCallMeTheKid

Break above Res1 UWT Long

Long
TheyCallMeTheKid Aggiornato   
AMEX:UWT   None
Trend Analysis Chart Patterns Technical Indicators UWT Oil DWT inverse LONG Bullish Patterns
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trendanalysis chartpattern indicator uwt oil dwt inverse long bullish
Idea : Recently broke above Res1 and pulled back. If support can hold we can climb higher.

Support : OPEC recently agreed on a cut in production.
Support Links :
www.bloomberg.com/ne...-deal-optimism-grows
www.reuters.com/arti...market-idUSKCN1P31Y7
finance.yahoo.com/vi...-talk-171556194.html
Trade attivo:
Pulled back to support. News still coming out about production cuts and their effects. If we hold supp and move into the $12.50 - $16 range there's a lot of potential margin for profit.
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