CRUDEOIL1! has been consolidating in a bull flag pattern on the Quarterly chart for a numer of cycles now. Moving closer to the 20 Quarter moving average, I expect $CRUDEOIL1! to take off from here in nearing the end of this quarter.
We can measure the charts Flagpole and anticipate a measured and sustained move to the 15000$ Level.
If you ever wondered why Warren Buffette added to his Oil stake, This is why.
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