Safe to Long Crude Oil? Check the USO (United States Oil Fund) Chart

Crude oil has reached 5 years low. Base on USO  (United States Oil Fund) chart, the support is at about $29. There is a trading range of $10 ($29 to $39) base on the chart. Risk vs Rewards looks very attractive to long USO at current level.

USO Nov7-2014

Original Post by Marubozu My Stocks Investing Journey

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