Pretty strong parallel trend here going upwards. Good amount of resistance at that 1 Fib retracement level but i see us passing through that in a week or two at this rate.
Also a lot of tanker stocks are above 80 RSI so i don't see too much of a problem there.
Trend lines show the slowed down movement coming to a wedge, potential breakout soon or we continue this steady decline.
Depending on which trend gets broken through we should know soon
