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Tez8

Brent Oil Long- Heading for a Golden Cross

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CFD pada Minyak Mentah Brent (TVC:UKOIL)  
Tez8  
TVC:UKOIL   CFD pada Minyak Mentah Brent
Trend Analysis Wave Analysis Fundamental Analysis
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trendanalysis waveanalysis fundamental
SUMMARY: Long, oil will continue its price appreciation throughout the year and into 2022. Target $150

On Technical Basis, it is above the Gaussian Channel and it is about to pass a Golden Cross on the daily 50/200 MA. - very bullish

The supply-side has been reduced because of the pandemic and reduced investment over the years from lower prices, Carbon Tax has been pushing funding away from hydrocarbon businesses - very bullish


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