Buying Oil, how best to do it ?

Buying Oil, how best to do it ?

Author
Discussion

FarmyardPants

4,108 posts

218 months

Tuesday 8th March 2016
quotequote all
FarmyardPants said:
I would buy Brent now (around the 30 mark) as I see good potential for a low 40s mini rally
bowtie

twinturboz

1,278 posts

178 months

Tuesday 8th March 2016
quotequote all
Don't think much more upside left, overbought in the short term. Approx 35% move in a few weeks needs some consolidation, still believe one more low to come but this next pullback will show how strong it is.

Edited by twinturboz on Tuesday 8th March 14:23

FarmyardPants

4,108 posts

218 months

Tuesday 8th March 2016
quotequote all
Yea back to 36 in short order

No pun intended smile

Edited by FarmyardPants on Tuesday 8th March 16:16

twinturboz

1,278 posts

178 months

Wednesday 9th March 2016
quotequote all
Cup and Handle on the hourly chart about to trigger looks like the move up isn't over yet.