Updated the fib levels of this one a little bit and I like the way everything fits alot more. Aiming for a peak in prices around the end of August
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1.53% gain on the day. Climbing up steadily
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Oil is oversold and this is oversold on the hourly. I think price is coming to retest the 6.50 range.
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We will see if next week can pull up these energy stocks.
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OIS Daily Chart
IKeepItGreen
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The 8.09 level is very important resistance. If we can get through that we should be able to get to our 14.33 target no problem.