Meanwhile consensus has been bear US and bull oil the entire year of 2023 - the oil bear market rally is coming to an end. I already think we have put in the major pivot high here for the next coming possible 2+ years. I look for a new local high here on the smaller timeframes between 89.85-90.90$ where I will enter a short. The overall targets is 20-40$...
In my opinion - DNB is about to give back most of its gains from its IPO. This high might be its cycle high, I think we have a pretty good chance to lose 60-80% of its current market cap within the next 12-18 months. I do think we can see the price go to somewhere between 50-70 nok. I'll most likely track this going forward. The next support in the small time...
