看多
Oil Refueling?
With a break and close above 625cps yesterday, Standard Bank WTI Oil ETN (SBAOIL) moved back into its trading range for March and April, with the 8-day Exponential Moving Average (EMA) getting mighty close to break above its 21-day EMA. A break could be very positive for the short-term share price, with the Momentum clearly also picking up. Should we see a continuation in the run, the next resistance level should be the 50-day EMA at 711cps, with a break and close above these levels most probably looking to test 825cps next. There should be strong resistance at 885cps (my first short-term target), with the 200-day EMA remain my exit level.
SBAOIL lagged the short-term WTI futures price in Rand, with it still trading at its widest levels currently.
On the downside, short-term traders should watch the 625cps level, with a drop below these levels most probably seeking support at the strong trendline at 600cps. Currently 560cps should act as my short-term stop loss as a break and close below these levels, most probably seeking resistance only at April’s lows below 500cps.
SBAOIL lagged the short-term WTI futures price in Rand, with it still trading at its widest levels currently.
On the downside, short-term traders should watch the 625cps level, with a drop below these levels most probably seeking support at the strong trendline at 600cps. Currently 560cps should act as my short-term stop loss as a break and close below these levels, most probably seeking resistance only at April’s lows below 500cps.
交易進行
交易結束：目標達成
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。