Oil Attempts Highs Again
Oil has kept steadily rising, blasting through our profit targets. We smashed through $106, then $108, then appeared to stabilize for a bit under $113. But yesterday, we were able to break that level too. We are currently hovering under $116, finding resistance just under this level confirmed by two red triangles on the KRI. The Kovach OBV has picked up confirming the momentum.Our next target is $116, then we have a vacuum zone to highs at $122.
Join my discord at discord.io/quantguy
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.