Energy Professionals Predict $87 Oil In 2023This article from Monday is starting to look like Oil will continue this week to rally even if Oil only climbs $0.50 every day adds up and that's the way the US has been doing it usually averaging $1 a day push by the end of trading. The US has been the bull behind this push since $74 pushing through horrible data as traders are focused on the next bullish indicator and breaking through month highs in Oil is showing no signs of stopping. The thing that changed my outlook for Oil to climb this week is that Oil was rallying great breaking through month highs at $81 and SP jumped huge with the EIA outlook until the US crashed the day by selling off huge with a surplus in US Oil so most Oil plays SP rallied cleared the way for Oil stocks to reclaim lost ground quickly and will produce gains in the following days so Monday should see gains in SP if Oil is anywhere between $81 - $82
Below is the technical for
CPG/ BTE/ ATH All with Buy ratings pointing to higher SP and technical never lie a mathematic calculation of probability so find what stock fits your budget to maximize return by the number of shares held and ride the bulls. I hope that the links work if not just change the ticker symbol and the lower right side of the chart is a window where technicals are scroll down and click on "more technicals"
Target Prices CPG $10.75
BTE $8.50
ATH $3.20
Energy Professionals Predict $87 Oil In 2023 | OilPrice.com CPG 7.34 +1.38% (tradingview.com) BTE 6.06 +1% (tradingview.com) ATH 2.47 +0.82% (tradingview.com)