Are we in a New Range? $GUSH
I'm still following the direction of
GUSH
. Given today's initial drop back into the range I was following, I am wondering if this is a new price level for consideration.
I am still long oil, but there may be external factors that are worth considering as well. Of course, beyond April, I do not expect to remain as confident is upward price movement in line with the trend we've been seeing. As production outside the US increases, I'd expect things to get a bit hectic as new price levels are established.
GUSH
. Given today's initial drop back into the range I was following, I am wondering if this is a new price level for consideration. I am still long oil, but there may be external factors that are worth considering as well. Of course, beyond April, I do not expect to remain as confident is upward price movement in line with the trend we've been seeing. As production outside the US increases, I'd expect things to get a bit hectic as new price levels are established.
