Sharesurfer
I hope im right too, but i rely on stops when im wrong
Heres 2 of the charts
CVN
I looked at the weeekly and if oil continues to a 56 target then i see 50 ish as a possiblility mid term.
Obvious resitance will be the red trend line and then the old lows at 42.
Downside if it broke the red up trend then maybe look for re entry around the lows ???
WOR
Eventually support line will be resistance here at the 29, but that could be a way off LOL
In recent weeks the breakout has lead to current impulse move which has a target which will proably be hit monday $18
Beyond that anywhre from 1920 to 2206 as per fibs
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weekend charting, page-8
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