Despite the terrible fundamentals, I see good money pump to oil exploration market for a while.
1st target is 37.0(Fib 23.6%)
2nd target is 46.3 (Fib 38.2%)
Stop loss@ 31.0 to profit from breakout.
If 31.0 fails, next support is 28.0
1st target is 37.0(Fib 23.6%)
2nd target is 46.3 (Fib 38.2%)
Stop loss@ 31.0 to profit from breakout.
If 31.0 fails, next support is 28.0