Well the target for oil was the 140dma, and it seems that's where it will stop if it gets there. I've had this target since January. I don't see it going over that, I don't follow the stories, but the fundamentals probably won't let it go much higher then that as short covering has been what has pushed it up, and that's coming to an end.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.