Oil starts looking to bottom again. The $ 61 area looks good support, and stochastic is positive. the RSI is not very low, but considering fundamentals like Russia and Ukraine might become the catalyst to revisit $ 80 above once again.
Strategy BUY $ 63-65 for a move towards $ 85
Stop-loss below $ 58 to be on safe side.
Strategy BUY $ 63-65 for a move towards $ 85
Stop-loss below $ 58 to be on safe side.