Still unclear if current level is sustainable.
Resistance between 77$ – 79.90$.
Support between 69$ - 70$.
Crude Oil(CLU7) weekly chart
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The blog writer is not a registered investment advisor, broker or dealer. All content, including market analysis expressed or implied herein, are for informational and educational purposes only. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise
1 comment:
SWC down another 8.25% today. In the past three days it dropped a total of 20%. SWC is the only palladium and platinum producer in the US. Palladium and platinum are very important precious metals that see price trippled in the past three years. This is a stock with extremely bullish fundamentals and this may well be the CAPITULATION event where you get an excellent entry point. See my analysis of the SWC fundamentals.
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