Head and Shoulders USOIL
Looks like USOIL is possibly forming a head and shoulders. If it breaks the neckline TP is 29.
Neckline is ~ 25-26
Neckline is ~ 25-26
Note
Right should formed higher than expected. Hard rejection at the 200 day MA @ 40.70.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.