It took 15 days for USOIL to lose all the gains in Q4 2019 and the price is right back at the 51 level, which was defended successfully 4 times.
Note
Price broke the 51 support and touched the 49 handle. That could have been a stop-loss hunt to get their long orders filled for a big move up.
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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.