We are looking at taking advantage of the current market sentiment and position ourselves to take advantage of potential downward movement of WTI in the next weeks to follow. We have some ambitious targets that we are looking to capetalize on with 3 TP in place and a stop loss in the 98.90 range. The TPs that we have set for ourselves are :
- TP1 - 80.90
- TP2 - 77.00
- TP3 - 67.80
Despite the current tensions between Rusia, Ukraine and NATO, based on the findings from our research team and the current output levels from OPEC+, and the current plan of increases in oil output by 400,000 barrels extra, we are looking at a dip in the prices of the black gold.
- TP1 - 80.90
- TP2 - 77.00
- TP3 - 67.80
Despite the current tensions between Rusia, Ukraine and NATO, based on the findings from our research team and the current output levels from OPEC+, and the current plan of increases in oil output by 400,000 barrels extra, we are looking at a dip in the prices of the black gold.