This month, USOIL failed to close above the strong resistance. Because of this, we will be looking at a retracement back to tap the strong resistance and looking for a nice short all the way down to 30.00, which is the new support.
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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.