Long
Good small oil company
MEMP is a good company to buy for long term higher oil prices.A good buy in would be in 0.51- 0.59.I think oil will retrace a little because of "market doubts".I see .75 to be a reasonable target to sell.
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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.