If you look carefully you'llsee that an inverted head and shoulders has formed. What does this mean in the light of the recent oil rally. We saw an example where Goldfields had formed a head & shoulders and 2 months after that the Gold price hit an all time high. Could a similar scenario happen with Oil?
Hi all, i bought SOL at 286, would now be good time to sell or should i hold can we expect continued upside due to higher oil price and weaker dollar perhaps resistance of 320 will now become the new support level. Sell or hold?