USOIL month chart outlook (2017-06-07)

Although the usoil is still in a weekly correction trend, I have to say that the correction is nearly to the end.
It provides a very good month entry opportunity with target around 75$ by May 2018.

I would suggest to buy usoil as stock with holding for nearly one year until May 2018.

Weekly charts:

Daily chart:
www.tradingview.com/...rrection-2017-05-06/

This opportunity is nearly the same as the opportunity when usoil bottomed last year.
www.tradingview.com/...analysis-2016-01-21/

Good luck for everyone!

Comment:

Trade active:

I bought some ukoil.