Buy Opportunity

Instrument: USOIL
Position: Buy
Entry: 68.30
1st Target: 71.65
2nd Target: 74.20
Stop Loss: 66.83


Rationale:
USOIL is exhibiting signs of a bullish trend, supported by recent price action and fundamental factors.

Targets:
Our primary target stands at 71.65, representing a significant resistance level where we anticipate a price reaction. The secondary target is positioned at74.20, indicating further potential Upside momentum.

Stop Loss:
To manage risk effectively, a stop loss is placed at 66.83, just below the anticipated Support level. This ensures a controlled exit in case of unexpected market movements.