USO has taken a huge hit after the Russia and OPEC+ debacle. Since then, countries are making an effort to cut production to bring back oil.
Since then, the RSI has been diverging towards the upside and we are now in a squeeze with upward momentum. We have been buying accumulating CALLS for June. $4, $5, and $6 strikes.
Since then, the RSI has been diverging towards the upside and we are now in a squeeze with upward momentum. We have been buying accumulating CALLS for June. $4, $5, and $6 strikes.
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