Since I was pretty close back in July at calling the next high (though I didn't know it at the time) in USO around $83-85, and my dowsing keeps bringing my attention to it, I figured I'd check in more seriously on USO and post an idea.
Early last week was telling me to look for a low on Thurs. It's really good when price has a big move on my dates since they are often reversals, and Thursday USO was down over 4%. Then I had to buy it on Friday (but I bought on Thursday).
That held up super well, so I think it's a longer term low in place. It might be a bit choppy over the next couple weeks fyi.
When I've asked for prices over the last couple weeks I've gotten a prices all over $90! Specifically, $94 on 11/10, $98 11/16, and today got $96.
I asked how long this takes and got "months" as an answer, specifically 4.
I really want to see this last low hold.
We'll see!
Early last week was telling me to look for a low on Thurs. It's really good when price has a big move on my dates since they are often reversals, and Thursday USO was down over 4%. Then I had to buy it on Friday (but I bought on Thursday).
That held up super well, so I think it's a longer term low in place. It might be a bit choppy over the next couple weeks fyi.
When I've asked for prices over the last couple weeks I've gotten a prices all over $90! Specifically, $94 on 11/10, $98 11/16, and today got $96.
I asked how long this takes and got "months" as an answer, specifically 4.
I really want to see this last low hold.
We'll see!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.