Triple Bottom Price Pattern ($VNR)The bottom being the 100 EMA. Target the 1.618 ($1.15ish) if you dare.
VNR
VNR POTENTIAL WAVE UP DRIVEN BY OILVNR is in a downtrend but i'm looking for a potential breakout to the upside driven by the good news in the oil field. Pay attention to the price action near the downward trendline.
VNR to USOThis chart shows the relationship VNR has to the price of crude. The recent selloff in crude has been mirrored by the selloff in VNR.