Technical Analysis outlook - COMMODITY : $CRUDE OIL - $WTI
Sun 20.Jan.2019
Ticker:
WTI
LAST= 53.68
WTI movement during the last few days showed a Bullish move, with a recent high price seen on Fri 18.Jan.2019 at 53.85.
During the next few days the price is expected to go up for 54.10.
The Short-Term view is expected to continue to be UP as long as the price is above 51.35.And its recommended to ' BE LONG ' for a targeted price of around 56.50 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 46.55
Res_2 = 57.00
Res_1 = 54.85
Sup_1 = 52.65
Sup_2 = 50.50
Ticker:
WTI
LAST= 53.68
WTI movement during the last few days showed a Bullish move, with a recent high price seen on Fri 18.Jan.2019 at 53.85.
During the next few days the price is expected to go up for 54.10.
The Short-Term view is expected to continue to be UP as long as the price is above 51.35.And its recommended to ' BE LONG ' for a targeted price of around 56.50 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 46.55
Res_2 = 57.00
Res_1 = 54.85
Sup_1 = 52.65
Sup_2 = 50.50