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Oillong

OIL - The Range RiderWe have a swing today in oil. Yesterday and the day before yesterday we had a Bollinger Band crash signal just like on the 7th of August. The chance is high that for a few days we are going higher and maybe can tag the upper line of the range. Watch the RSI and the Stoch RSI for exiting this trade. When we get overbought I will exit the trade. ( Both are turning up from overbought territory) I still don't think we are ready for a big trending move but if we can make 7-8$ on this trade with a stop below yesterday's low : it's worth trying. The gap close worked beautifully last week; while many expensive newsletter writer was calling for a big move up here on Tradingview.com you did the right trade with me for free. Watch again the RSI
TVC:USOILLong
by chartwatchers
12
RoyalDutchShell (RDS.A) upcoming attractive oil stock dividend"The Company consists of the upstream businesses of Exploration & Production and Gas & Power and the downstream businesses of Oil Products and Chemicals. It also has interests in other industry segments such as Renewables and Hydrogen." right now Shell currently offers the highest dividend yield among the oil majors, at 6.5%. Moreover, that dividend is comparatively safe: Even during the oil price downturn of 2014 to 2017, Shell didn't cut its dividend like many independent oil producers. It is also trading at an attractive valuation right now,, a consistent payout.. its a gasoline play thats not about the gas,, this is to become an attractive dividend stock by far.
RLong
by EMelsome