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TLW: Tullow oil – Is it forming head and shoulder?
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Tullow oil – Is it forming head and shoulder?

Tullow oil shares have had a five-day winning streak on the back of rally in oil prices. Shares are trading moderately lower today in line with the weakness in oil prices. Oversupply concerns have raised their ugly head off late and may cap the corrective rally in oil prices if today’s US government data shows gasoline inventory buildup. On the daily chart of ...

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