This one is part of iShares and as such it contains the safest of the Canadian Energy Companies. The distribution is garbage right now with 0.02 /q but the history of this one has distributions as high as 0.08 in recent (2 years) history. A decent way to ride energy up. Not saying we are in a bull market on oil and no one knows where it is going over the next year, but 73-75 on USO seems to be the current (next week or two) target.
> is my most recent study on Oil, and purely technical, and not overly complex. Fundamental study is always recommended with oil.
> disclosure, I have a position built during 2020 on this.
> disclosure, I have a position built during 2020 on this.