Looks like a fine bullish wedge. On a weekly chart one can see bullish engulfing bouncing off strong support area.
Goldman Sachs warned of $20/bbl potential. I recall they predicted $200/bbl just before the collapse in 2008.
Feels like strong buy to me.
Goldman Sachs warned of $20/bbl potential. I recall they predicted $200/bbl just before the collapse in 2008.
Feels like strong buy to me.
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