"You want oil to live above 60 but below 90. And don't get me wrong, we're still printing money at 90, but... gas gets up over $3.50 a gallon, it starts to pinch. It hits a hundred, every product in America has to readjust its price. $78 a barrel, that's about perfect. You know, brings enough profit to keep exploring, but it don't sting as much at the pump." - Tommy Norris
I'm looking for $OIL to put in a higher low between $55-$59.
A weekly close above $60.50 would increase my confidence in this idea.
@landmanpplus inspired plan.
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$USO Daily 👀
"You want oil to live above 60 but below 90. And don't get me wrong, we're still printing money at 90, but... gas gets up over $3.50 a gallon, it starts to pinch. It hits a hundred, every product in America has to readjust its price. $78 a barrel, that's about perfect. You know, brings enough profit to keep exploring, but it don't sting as much at the pump." - Tommy Norris
I'm looking for $OIL to put in a higher low between $55-$59.
A weekly close above $60.50 would increase my confidence in this idea.
@landmanpplus inspired plan.