Could comeback to test the top of the channel where there might be further clues as to UKOIL's intentions. Targets are top of the cloud on the daily chart, the 100DMA, & for the long tun the 200DMA
USOIL appears to be slightly less perky still trapped in its triangle consolidation pattern for now and overbought. Will be interesting to see how they both play out next week.
Good luck!
USOIL appears to be slightly less perky still trapped in its triangle consolidation pattern for now and overbought. Will be interesting to see how they both play out next week.
Good luck!
