USO Oil in strong trending channel
USO has been in a very bullish channel since the early summer. Waiting for a pullback before playing options, but holding a diversified position in Oil and Tanker stocks. Buy and hold here.
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.