Long

Short term long, possible retrace

Companies that are operating offshore have had an impact. OPEC is convening today-so watch out for news.

My short term bias is that we will have a short pump up in price and a possible retrace. If resistance is broken, wait for resistance to become support and go long.
Beyond Technical AnalysisChart PatternsLONGoffshoreOilPACDshortTrend Analysis

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