MEG is now over PSAR and over 20 days moving average eating up the spread with 50 days moving average.
IF oil was to stabilize a bit over 50$, expect a run up toward the 6,27$ 200 days moving average.
Good chunk of profit to be made here if OIL continues to stay around 50$ but expect resistance at 4,45$ (can $)
IF oil was to stabilize a bit over 50$, expect a run up toward the 6,27$ 200 days moving average.
Good chunk of profit to be made here if OIL continues to stay around 50$ but expect resistance at 4,45$ (can $)
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