USOIL has been rangebound in last few sessions. It looks like Big Institutional Players are Slowly Inserting Positions into Market. Despite Rising Crude Inventories, crude is bullish largely due to GEOPOLITICAL Risks namely Venezuela Sanctions, Libyan Crisis, IRAN Sanctions etc.
Buy
USOIL
Near 63.3 SL 63 for Target of 65
Targets 64.13 (Book Profit Here)
Next Targets
64.62,65
Idea Invalidates on USOIL slipping below 63
Buy
USOIL
Near 63.3 SL 63 for Target of 65 Targets 64.13 (Book Profit Here)
Next Targets
64.62,65
Idea Invalidates on USOIL slipping below 63