Tag: oil serviceSort
Chart Attack Ep. 2: Long Father's Day, WFC, RIG, AA, VNO, & Tony Soprano
Behind the Scenes Intraday POTash Trades in 3 TimeFrames
The best opportunity often lies in ripping from clutched hands the shares of your fellow traders. For some reason the 1981 Greek mythology inspired fantasy movie, Clash of the Titans, comes to mind where 'Grim Reaper-esque, character, Charon, opens his skeletal hand to accept a gold coin in exchange for a boat ride.
The point I’m making is that as more traders become ‘technically savvy’, it is increasingly important to look for further evidence besides one recognizable pattern or a single time frame. United States Oil Fund(USO) had been in a death spiral for quite some time. Instead of waiting for a formidable base or pattern, buyers continually attempted to catch a bounce.