welcome freetospeak.. let we fight together.. see to night..oil wti will above 15 or not.. and brent pass 22.. if all good we on good track next week.. Thursday is today sign..
ok dickson2u.. now you try use averagedown calculator.. set how much you want averagedown.. how much your capital.. must know you limit first.. then manage your plan exit plan also.. ok.. if you still got capital.. paktua suggest below 0.95.. keep strong.. remember must release back burden if to heavy.. always eat n throw some .. to maintained average and abilities to survive..
tut tut love see other also can swim on red sea n make profits
As i expected api data is better than expected...much lower expected crude build...a negative draw in gasoline and a 50 percent slower build in cushing oil s.torage...this has not factor in opec cuts n many states n country opening . U can c wti is shooting up in the morning.
y scred..by next wk o n g counter will be trading at least 20% above current price already...becoz us reopen n opec cut plus shale oil cut all will reflect in nex wk api n iea report on nex thursday. then u will c oil price much higher than the price now..
dun understand why still got ppl wanna sell oil stock..u sell already difficult to get bak cheaper after this wk. dun worry about the roll over for brent...when u c wti also can recover bak u know brent wont fall.
oil stock already bottom 1 mnth ago...usually oil stock bottom 1 month b4 bottom of oil price according to history. so even negative price wont get oil stock to fall much.
so oil stock will bottom 1 month b4 oil bottom ..after 1 month when oil bottom then oil stock will rebound sharply becoz all priced in n oil price going bak up.n when later stage , shortage of oil (becoz of shut in damage n cuts n pent up demand) started to creep in oil stock will hit all time high again. this repeated many times.
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freetospeak
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Posted by freetospeak > 2020-04-28 17:49 | Report Abuse
paktua i already all in...lol