Calling this the top for CL before it heads back down to $43 as my first target. Look for mid Sept for that to hit. After it gets tagged it could bounce good off of that level.
Not against a bull call here either if it decides to break out above - use tight stops!
A zoomed out view of the daily
Weekly cloud chart - Couldn't break out of the cloud and now its heading to the bottom @ $45.24 which might show some resistance. Still in a bear cross since back on the week of 5/8. This week so far, PA was rejected from the top of the cloud and is being sent south to $45.25. Profit take there perhaps and wait for more confirmation?
Not against a bull call here either if it decides to break out above - use tight stops!
A zoomed out view of the daily
Weekly cloud chart - Couldn't break out of the cloud and now its heading to the bottom @ $45.24 which might show some resistance. Still in a bear cross since back on the week of 5/8. This week so far, PA was rejected from the top of the cloud and is being sent south to $45.25. Profit take there perhaps and wait for more confirmation?
Nota
sold off as planned todayDagangan ditutup: hentian tercapai
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.