What's next for oil? We shall see. But if resistance holds, weekly support lines appear to be at about the $37 and $30 price levels.
click chart to enlarge |
click chart to enlarge |
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Financial Disclosure:
The author/publisher has no position in oil at the time this article was written.
Financial Disclosure:
The author/publisher has no position in oil at the time this article was written.
Base Chart Provided Courtesy of StockCharts.com. Analysis and Annotation by JunkBond Recycling.com (all rights reserved)
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