HX_Fund

Nice strong pullback in USO, supporting at ema 200

Long
AMEX:USO   United States Oil Fund
Currently, we are seeing the ema 200 holding strongly. With the new variant detected, we might see further drop if price is unable to clear above 52-54 level in the coming weeks.
The trend is still a strong upward trend. It is a good buy and hold area, but expect volatility in the upcoming few weeks.
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