Futures Trading : WTI Crude Oil (CME NYMEX: CL Futures) prices forecast, Target 63.69 (+9.43%)
Trade : BUY the Breakout
Entry : 58.2
Target : 63.69 (5.49, +9.43 %)
Stop : 56.4 (1.8, -3.09 %)
Date : Nov 21 (Thu) 10:08 (EST)
Note : Crude oil prices are recovering quickly after plunging. This is meaningful. From a medium-term perspective, it seems that they are gearing up for a rise. The point is whether WTI futures prices will go over $ 61.0 and then $ 59.5 level could be a strong support line. I am optimistic about the prices of crude oil. I think the prices of crude oil will go up much higher than people can think.