OOO breakout
OOO ETF has broken down trend.
2 times in the past the break out of the down trend line resulted in a bounce higher and the same pattern has occurred. The high possibility of escalating war also helps the price of oil and OOO. Reality is the oil is cheaper than in the 80s. a Litre of petrol still costs you less than a can of coca cola.
2 times in the past the break out of the down trend line resulted in a bounce higher and the same pattern has occurred. The high possibility of escalating war also helps the price of oil and OOO. Reality is the oil is cheaper than in the 80s. a Litre of petrol still costs you less than a can of coca cola.
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