The MACD histogram is close to its signal line, continues to slowly decline. Stochastic Oscillator is oversold, and turn on the verh.Schitayu that the price can rise to the level of support 83.70, the estimated goal of 86.50 ....
Thread: Oil
The MACD histogram is close to its signal line, continues to slowly decline. Stochastic Oscillator is oversold, and turn on the verh.Schitayu that the price can rise to the level of support 83.70, the estimated goal of 86.50 ....
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Today, oil has managed to break through the sloping resistance level (trend line) and out of the converging triangle, this time the price is adjusted after the break a little bit to the south, but the resumption of growth in the north, I'll buy it.
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Oil today yesterday continued growth and managed to consolidate its position above Ichimoku cloud punched, as an indicator signals the continued growth of oil visible on the N1 and the level of support 84.40, think of it, and begin to rise.
Last edited by Irika; 2012-06-15 at 04:18 PM.
The RSI is supported by a rising trend line. Long position is preferable above 83.5 with targets 85.45 and 85.85. If it goes to below 83.5 then we can expect downward movement 82.7 and 82.15 as price targets.
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Oil has broken an important resistance level of 83.90, and is now entrenched above this mark, as the Stochastic Oscillator is oversold and is close to the top begins to unfold, I think the growth to around 86.40 to go on .
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The MACD histogram is located in the positive zone, and continues to rise slowly, and thus sends a signal to buy nefti.Ostsillyator stochastics is close to the overbought zone, and the% K above the% D.tak also struck a mini level, 83.10, I think the price should grow, the first stop of 83.90 ..
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Oil is now trading almost without change until it was allowed 81.00 below the support level, but at the top for further growth as it is necessary to overcome sloping resistance level, you need to wait for the breakdown of one of the lines.
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oil is the slippery and sticky stuff - Hard to remove it sticks to your sleeves and difficult to get the balance if you step the oily patch - by the end of the day everyone says "dagh to achay hotay hain" OR dirt are good![]()
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Oil is now in the corridor torguetsa 82.20-83-90, the logic is simple ... break through the resistance of 83.90 target 86.40, 82.20, if we break through the support then I think the price will reach to 81 ... I personally think it will go down because it runs at 83.90 moving average (50)..
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