We are above the 200 EMA again.
If we can stay here oil will shift gear : shorts will be covered above 42$.
In a very short time we will be at 45-46$.
If we can stay here oil will shift gear : shorts will be covered above 42$.
In a very short time we will be at 45-46$.
Comment:
Today we confirmed that we are in the 2nd daily cycle.
Oil could rally despite the bad news (saudi trick etc...)
Can you imagine what will happen if we get some good news?
I'm waiting for 2-3 weeks of continuous run with small daily pullbacks till the middle of May.
I will take profit at 52-55$ when all the bears who stopped out today will get on board in the hope of a 100$ oil.
Oil could rally despite the bad news (saudi trick etc...)
Can you imagine what will happen if we get some good news?
I'm waiting for 2-3 weeks of continuous run with small daily pullbacks till the middle of May.
I will take profit at 52-55$ when all the bears who stopped out today will get on board in the hope of a 100$ oil.
Comment:
Oil's speed is 1$/hour.
Comment:
I'm closing my SXE positions.
Only the SXE. It's in +42% today.
Only the SXE. It's in +42% today.
Comment:
Southcross Energy Partners shares
Bears will give up today.