Ideal entry into PMO

The major support / resistance level at 34 held with bullish formations currently visible on all time frames, brent futures are up and "LONG" is written all over PMO! My first target is at ~43p level. Mid term we will most likely see a new maximum (since March) at about 60p. The 50 EMA should cross the 200 EMA within days confirming the end of June / July correction.

Disclaimers: This is not advice or encouragement to trade stocks. No predictions and no guarantees supplied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance.
brentChart PatternscrudeOilPMOTrend Analysis

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