WOR Can move big either way, but in saying that, the downside...

WOR Can move big either way, but in saying that, the downside has been there done that.

The upside hasnt been there for a while, so although it could go very overbought it can do that just like it went way oversold.

One of my parcels I bought at 17.25, then I averaged by double down at 7.75.

At around 12 bucks Im back to square and Ive been watching Charts on WOR alot.

Yes WOR could dump down again, but I think the 50 level on Oil is the support and many expectations are for a 70 average oil over the next 2 years.

That means 100 is possible on a peak then sell off,

That puts the target of WOR possibly upto 25 bucks, so Im thinking 12- will be the next target as Im confident now it will take out the 11- level soon.

WOR can move a buck a day and even do 2 bucks in 2 days, Either direction.

Im in it because I got caught, I shouldve covered some of my options but I was busy on the tools and missed the exits. But Im mostly off the tools now.