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$USO ETF Ascending Triangle Pattern
United States Oil Fund
$USO ETF Ascending Triangle Pattern
By NoFomoCharts
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Jul 8, 2020
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Jul 8, 2020
USO
(United States Oil ETF) is currently in a Ascending Triangle Pattern and is near a breakout/breakdown point.
Upside Breakout Target: $33 to $34.
Downside Breakdown Target: $24.50 to $23.50.
Large Volume is needed to confirm the breakout or breakdown.
ascending
breakdown
breakout
Chart Patterns
ETF
Technical Indicators
Oil
pattern
Trend Analysis
USO
NoFomoCharts
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