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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Tommaso who wrote (50681)9/9/1999 8:43:00 AM
From: Roebear  Read Replies (2) of 95453
 
Tommaso,
Specifically the chart measurement was 23 1/16:

securitytrader.com

Crude closed yesterday at the upper trendline resistance and in their words "Very Bullish if it can take out resistance".
Normally, with a chart with a nice base like crude has, the target can be exceeded by a good measure.
I'm going to email Ryan (he had this price target out for awhile) and see if he can offer a new target. After all, once you have shot the bullseye out, you need a new target...
I would take a stab at it but frankly my crude oil charts suck, I can't get what I want for the last five years.

Any TA types want to give a price target for crude?

Roebear
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