I'm still following the direction of
GUSH. Given today's initial drop back into the range I was following, I am wondering if this is a new price level for consideration.
I am still long oil, but there may be external factors that are worth considering as well. Of course, beyond April, I do not expect to remain as confident is upward price movement in line with the trend we've been seeing. As production outside the US increases, I'd expect things to get a bit hectic as new price levels are established.
I am still long oil, but there may be external factors that are worth considering as well. Of course, beyond April, I do not expect to remain as confident is upward price movement in line with the trend we've been seeing. As production outside the US increases, I'd expect things to get a bit hectic as new price levels are established.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.