Weekly chart with a large downtrend getting ready to break out on $O. MACD has crossed and all VWAPs and EMA cloud are supporting price. Only a matter of time. in my opinion
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Feels like the pressure is building up on this one.
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Emerging out of the downtrend.
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Peeked its head over then retraced to the trendline. Now we get to see if this is a touch and go or a full failed breakout. IMO, the volume profile suggests that this is a touch and go due as its going to be hard to break through those price support levels.