UKOIL Preps to Face a Res-Test Near $90

108
UKOIL didn't have the strength to reach $94, but it seems that Bulls have not gotten the memo just yet. Perhaps a break above $90 reignites the path?

I'm doubtful, but we'll see. Failure to pass and hold levels above $90, will likely send UKOIL back to mid-high $70s (before the next major run).

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.