peterbokma

USOIL- SELL strategy

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TVC:USOIL   WTI 原油差價合約
I have reduced the exposure and have a very nice average on the 50% balance of the position before.

I feel we are still overbought on weekly chart, but of course it can even go slightly higher before down. That is why we SELL into strength $ 95-98 and $ 102 if seen. Profit objective $ 80.20 for the balance of 50% position if we had no chance to add, or if some sells have been added, profit order can be raised slightly.

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