Wednesday, August 08, 2018 1:08:14 PM
The stock chart on oil could signal a massive collapse in the coming months. Spot crude is trading at $66.50, hitting a long-term trend line of major support. However, if oil breaks below this level, it will likely collapse within 6 months to $52.00/bbl. Watch closely, it may be on the horizon.
Gareth Soloway
InTheMoneyStocks
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