Oil's chart looks very bullish

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dan_s
Posts: 37329
Joined: Fri Apr 23, 2010 8:22 am

Oil's chart looks very bullish

Post by dan_s »

There is a lot of buying on the dips now, people are believing the trend upward in oil prices will continue. When oil punctures $60 that will be a big change in sentiment, and I think the market will believe a move to $70 is possible.

You all need to read this: https://www.investorvillage.com/groups. ... d=17775897
Dan Steffens
Energy Prospectus Group
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