WTI Crude Oil yesterday hit the long term resistance line. Can WTI Oil breakout from here? If you look at Brent oil chart below, you will know breakout is certainly to come

WTI Oil Testing long term Resistance

Brent Oil Breakout From Long Term Resistance

Brent Oil long term target 90-100

Get ready for all the O&G stock b4 all fly to moon...Biggest turnaround likely to be the super kangkung UMWOG since the stock was hammer down more than 95% from 5 to below 30c ie from mkt cap of 11b to around 600m b4 the right issue. Since it is the only auto rigs company in Msia, all oil contract relate to rigs will go to UMWOG...