Stockthunder

Stockthunder

Unlike the others, My opinion we will see increase on oil prices. Some reasons, 42,50 critical, weekly close above 42.50 will bring new highs. 1) Positive RSI divergence 2) Money flow increasing 3)As crude oil prices rise, inflation also rises. Gold is known to be a good hedge against inflation. The value of gold only increases when inflation rises. Over 60% of...

Stockthunder

ER on 5 August, Channel resistance and supports showed on chart. Breaking bottom channel and closed day above the trend line. If 5.73 holds, next resistance 6.17 but 6 is psychological resistance

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HSH after Triple Top Pattern and Big Sell

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Price drop from 8.43 to 5.33 with low volume, 5.34 and 5.18 worked several times as a support. 5.09 fibonacci 0,618 retracement point, it can find a strong support if 5.34 and 5.18 doesn't work.

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Targets on the chart. Forming butterfly bullish chart. With WTI and index support targeting 11.85

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Bullish flag forming breakout soon

Stockthunder

3.02-8.48 was first wave of elliot and forming second wave (take profit wave) good entry between 5.75 and 5.10 for longs. My Target: 11.86 less than in 3 months.