SIGNAL REMINDER – CRUDE OIL LONG
CA analysts today would like to remind of long analysis on the rise in oil prices, which is still waiting for a stop order for its opportunity.
ORIGINAL TEXT: Crude Oil Long. The latest published analysis of the rise in oil prices is in a pleasant open profit. Given that stock statistics were increased by about 15 million barrels last week and the market has grown dramatically anyway, it is quite likely that this will continue this week. As part of tomorrow’s market statistics, analysts expect a dramatic drop in weekly stocks, up 18 million barrels weekly. The current mood in the market puts it in the position of strong buyers. The current upward trend could continue up to the level of the pre-coronavirus period of 60 USD per barrel.
Chart source: WebTrader