On the daily chart we see a strong rally after a triple bottom and we also see that the recent candles have expanded the trading range in the last few trading days and the close was at the YTD POC line. The most most recent candle tested the 1 Fibonacci level and the 9ema to close well above both.
With an EPS beat and an incoming golden cross I anticipate the rally to continue with oil prices.
targeting: 1.71, 2.36 and possibly 3.01 depending on the world oil market.
With an EPS beat and an incoming golden cross I anticipate the rally to continue with oil prices.
targeting: 1.71, 2.36 and possibly 3.01 depending on the world oil market.
