ThinkBeforeYouTrade

ThinkBeforeYouTrade Updated 

Last time the price was below 50 mark back in Dec 2018 which was followed by a quick recovery to 56-58. I believe something like that might happen again. This time however I dont expect the price to go above 60

ThinkBeforeYouTrade Updated 

In the begging of Feb the price fell bellow 51, but did not manage to decline further than 49.5 and at this point it seems like a false breakthrough which may lead to upside movement. I expect oil to close the week above 51 then probably reach 53 by the end of the month and potentially make to 66 by summer and 76 (an ultimate goal) by fall