One of my ideas triggered yesterday, buying $51.10 looking for a .50 move, and we just barely got that overnight, and this morning Crude is looking weak after making a lower high, now it’s making a lower low as it appears that the $50 price could be tested soon.
I think over $50, and I still have to look to buy dips. My idea for the day is buying $50.20 small and adding at $50.00, risking .25 to make .75.
$51.60 (*) Second TGT + Some Resist
$51.30 (*) First Higher Target + Some Resist
$51.00 (*) Early Pivot
$50.50 (*) First Lower Target + Some Support
$50.20 (*) Lower Target 2 + Some Support
$50.00 (***) Pivotal
All the best;
Hamzei Analytics, LLC