USOIL - Longs

By AaronSLuce
USOIL

Fundamentally USOIL is very bullish and from a technical stand point this is looking very key too. I had shorts as previous explained targeting that $77 region which has now been achieved with key rejections of $75. From here we are now breaking out of this key trend line and I believe we could see USOIL back up at $85 and higher in the coming days!

breakoutDivergenceOiloiltradingSupply and DemandTrend AnalysisTrend LinesCrude Oil WTI
AaronSLuce

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