UKOIL 1,57% short opportunity
To put things in perspective, charts and fundamentals are clearly playing in favor of increasing oil prices. Inflationary risk was never away, middle east tensions are bigger than ever, equities at all times highs. I think we will have a round two in higher oil prices. However in the short term, I think we see a fair value gap in the region of 81.60 dollar/barrel. Good luck
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.