Hello traders, This is a great opportunity for us in USOIL. The trend is bullish, every dip is bought so that tells us that bulls are ready to push this higher in the coming year. I have shown all possible moves that USOIL can make in the chart. I expect an up move. I'll keep the post updated once it breakouts.
Comment
Breaking now. We'll see if it holds.
Comment
Looks like that trendline is holding. Since it's the end of the year probably the big breaks wont happen. If it breaks the small trendline we will get a short term sell. But the trend is BULLISH.
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