Just a chart indicating support and resistances.
Slammed through two supports in one day; oil is tanking. Accumulate DWTI shares once resistance is reached and/or the support is breached.
According to the fibonnaci levels and the bollinger bands, WTI has reached a solid support. Furthermore, the recent trend indicates that a breakout will occur in the next few days. Once significant evidence proves this to be correct, I would highly recommend a long position, as it could potentially yield 10 percent profits. In addition, if you decide to place a...
DWTI has reached several resistance levels, and is ready to tank. According to my technical analysis, the price will fall to around 74.5 to 80. With possible buy signals at around 77, or the fibonnaci-support intersect of 74.65. If there is a clear bearish candle at approximately 77 dollars a share, buy in at around 74.65 when a bullish candle is present....