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Don't let the bad results scare you.

Theo pol13337
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Reasons to buy:

+Oil price going up
+Vaccinations going up
+Bull flag (green)
+Good support line (orange)
+Best dividend payer in France
+Price has not fully recovered since march (yes i see this as a plus)

Reasons not to buy:
-MACD hasn't crossed yet
-Not yet oversold on daily
-OIL isn't that popular these days

I see 2 situations happening:

green: slowly rising till we break out from the flag.
red: Fakeout (Orange support didn't hold) and later we also break out from te flag


When should you be worried: If the bullflag support line doesn't hold (bottom green line) and if the 100 and 200 MA lines don't hold (green and purple line righ under the bullflag). TBH i don't see this happening, but that should not mean that we aren't prepared for that.

Good luck & Have fun!
Don't let the other red and blue lines distract you.
Bình luận
43-45 EURO is a good sell point.
Chart PatternsEnergy CommoditieseuronextFPTechnical IndicatorsOilparisTrend Analysis

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