IvanLabrie

USOIL: Longs are viable..

IvanLabrie 업데이트됨   
FX:USOIL   크루드 오일 (WTI) CFDs
We just need to find a good entry in the daily chart, this might be a good trend to ride going into 2021.
Constructive action overall, and also a net positive for $TSLA shares, solar emerging markets and others...not good for airlines though.
If this uptrend pans out, it'll end up hurting the economy badly once the effect is felt on earnings.
Tim West recently explained this very well (once again) in his publication. See related ideas.

Cheers,

Ivan Labrie.
코멘트:
$CEO acquired all of Exxon's assets in Argentina and other countries in the region
chart looks decent.
코멘트:
액티브 트레이드:
I'm long after price made a new high today: #USOIL monthly forecast will confirm after November ends It can rally until March 2021, reaching 100.51 by then or sooner, as long as holding over 51.64
코멘트:
Next target for #USOIL is a rally towards 61.47 by mid December unless prices go below 56.61
코멘트:
Longs in oil and energy stocks are still viable, specially after the dip going into today's bottom.

코멘트:
Terminal pattern in $PBR maybe:
코멘트:
$USOIL facing serious difficulties here, can't break over the Houthi drone attack key level
s3.amazonaws.com/tra...shots/a/Ai6kBtCg.png
I think until it moves over this level it will be safer to buy oversold and sell overbought rallies in oil and oil stocks.
액티브 트레이드:
#USOIL has big potential here, ideally it shouldn't go back below today's open to be safe First time over the Houthi drone attack level.
코멘트:
#USOIL might be trending here, but the scale is quite large, long term charts are logical, shorter term charts present more challenges, will be good to buy when daily looks awful
코멘트:

Looks good so far.
코멘트:
$PBR is up since I pointed out the falling wedge pattern:
코멘트:
Oil can now break away from the resistance level from the Drone attack day high...Today's move indicates we may see much higher prices indeed...
I sold half of my short term position, holding a core position for larger gains.
I'll be a buyer on short term dips as well.
액티브 트레이드:
I bot back my full position in oil now:
액티브 트레이드:

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