USOIL (Daily) failed at $51.70, trying again
USOIL (Daily): For more than a week oil has broken and held above $50. The next target is resistance at $51.70. It tried to break this level on Oct 11 but failed to do so. Here we are again. The trend is clearly bullish but be careful of buying into resistance.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
