Technical and Fundamental Analysis
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Recent touch of low 58s was due to seasonal weakness and a much broader market sell off; dollar strength. Oil prices will continue to the upside with the high probability of a risk premium due to the current US administration, low capex, storage numbers hovering just above or below multi-year averages, and the miscalculation of US shale oil abilities and possibilities.
Dagangan aktif
Incorrect assumption on buy-volume return. Expect it to be tomorrow (02032018) or March 5.
Dagangan ditutup: sasaran tercapai
Exited position at 63 Entry was 60.72
Stop Loss was 59.50
Penafian
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