Break above Res1 UWT Long

10 thg 1, 2019

Idea : Recently broke above Res1 and pulled back. If support can hold we can climb higher.

Support : OPEC recently agreed on a cut in production.
Support Links :
bloomberg.com/news/articles/2019-01-08/oil-holds-gains-near-3-week-high-as-trade-deal-optimism-grows
reuters.com/article/us-saudi-oil-opec/saudi-arabia-confident-cuts-by-opec-and-allies-will-balance-oil-market-idUSKCN1P31Y7
finance.yahoo.com/video/oil-prices-rise-trade-talk-171556194.html

14 thg 1, 2019

Giao dịch đang hoạt động

Pulled back to support. News still coming out about production cuts and their effects. If we hold supp and move into the $12.50 - $16 range there's a lot of potential margin for profit.