What the hourly chart tells us.

Interesting bounce off support there.

Will it hold above that RSI trend line??

Let me know your thoughts! is $50 dollar oil already factored into price?

Komentar:

There should also be a RSI resistance line at 52.63 which coincides with roughly 13 points actually testing that level. I will note however that I encourage you to think of resistance as an area and not as a single level. Blessings