UKOIL
Updated
Ukoil after reching 138 as recent high, we got down on news that UAE will increase production of oil,
so for this reason 126 level is seems good to have a short trade
and since the sanctions are still there and the demand didn't dropped yet, $97.00 per barrel is a reasonable price to pay.
buy at 97.00
sell at 126.00
so for this reason 126 level is seems good to have a short trade
and since the sanctions are still there and the demand didn't dropped yet, $97.00 per barrel is a reasonable price to pay.
buy at 97.00
sell at 126.00
Comment
I'm buying here at 97.00 level oil as planned
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