Basically I can see CXO goes to 100 with anticipation to the q3 results,
Strong resistance at 71-73 and therefore our stop will be at 71.
It isn't the best risk-reward entring point but I will look closely on every drop for sizing up my position.
Yellow area - still buying opportunity
The RSI shows overbought so be patient,
Strong resistance at 71-73 and therefore our stop will be at 71.
It isn't the best risk-reward entring point but I will look closely on every drop for sizing up my position.
Yellow area - still buying opportunity
The RSI shows overbought so be patient,