USOIL fell roughly 1 per. Barrel yesterday and is showing the signs of a second consecutive down day. Though most of the oil giants gained yesterday, pre-market indicators are showing a trend downwards to open up some good buy windows for the correction to-be.
USOIL should be around the 60/bar mark by the open of the fourth quarter, so some good entry points are opening up today on the major oil stocks while the commodity itself, of course, is the LONG behind the corrections in individual oil stocks. Good time to hop in on a few more corrections! Happy Trading!
USOIL should be around the 60/bar mark by the open of the fourth quarter, so some good entry points are opening up today on the major oil stocks while the commodity itself, of course, is the LONG behind the corrections in individual oil stocks. Good time to hop in on a few more corrections! Happy Trading!
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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.