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BlueDimeInvestment

SCO RSI indicator oversold - Strong buy

Long
ProShares UltraShort Bloomberg Crude Oil (AMEX:SCO)  
BlueDimeInvestment  
AMEX:SCO   ProShares UltraShort Bloomberg Crude Oil
Trend Analysis Crude Oil WTI oilshort SCO Oil oilprice
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trendanalysis usoil oilshort sco oil oilprice
According to the indicator RSI, SCO is oversold and ready to rebound to at least $35 with a peak of $60.
We think that the current oil price is overdue and ready for a retracement.

"World’s largest oil exporter plans to reverse recent unilateral production cut, signaling confidence in recovery"

www.wsj.com/articles...n-prices-11613570923
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