dbMz

Long term lower trendline testing

לונג
TVC:USOIL   CFDs on WTI Crude Oil
It's been very close to initial trendline but still holding.

Now that we filled up the gap I expect another dip below trendline to reinforce next move up to 50$ area near end of July.

Investment made on 16$ area is paying up well, planning to keep stacking until 50$ and if shortage comes out as a possibility, will be holding (hopefully) until 80/100$ mark.
Holding positions:
16.24$ ~ 152%
25.58$ ~ 60%
31.56$ ~ 29%
36.79$ ~ 11%
Actual ~254%

Expected at 50$ ~ 427%
Expected at 60$ ~ 650%
Expected at 80$ ~ 1265%

If shortage starts to happen and 100$ mark becomes a chance this may go up to 2000% profit.
Something really bad must happen for this to go back to sub 30$.
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