US Oil: Week10 Friday
Updated
Hi Guys,
week10's Rally reached 59 this Friday morning but failed to breakout for higher hights.
Despite the Bull Run is still above 50RSI and supported by 50SMA, Oil is pulling back a little bit just before lunchtime maybe to re-test 58 to breathe and end the week.
JUST TO NOTE: 1 future contract of CL (approx $3.500) bought last Friday and sold today would have generated profits equals to it's value.
To read about fundamentals driving week10 Rally please refer to the link in the Related Ideas below.
Thank you for your support and for sharing your ideas.
Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
week10's Rally reached 59 this Friday morning but failed to breakout for higher hights.
Despite the Bull Run is still above 50RSI and supported by 50SMA, Oil is pulling back a little bit just before lunchtime maybe to re-test 58 to breathe and end the week.
JUST TO NOTE: 1 future contract of CL (approx $3.500) bought last Friday and sold today would have generated profits equals to it's value.
To read about fundamentals driving week10 Rally please refer to the link in the Related Ideas below.
Thank you for your support and for sharing your ideas.
Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Note
Note
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Disclaimer
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