Was looking at the monthly chart, the sell-off since May this year 's been vicious. it can always get worse of course. but hey, the hourly chart doesn't look "too bad" lol two gap-downs at open, on volume to boot. this reminds me of buying STO when brent was falling like a stone. i got in at 6, then 5. once it got to 3 i was knocked out on my feet. pessimism galore, negative oil price, finance commitments knocking. i got out as soon as i broke even and missed the whole upside; i was too rattled to stick around and in hindsight, i sold when technical confirmation was in, ie MA cross, macd divergence, higher highs n lower lows.
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