back to $100 for oillike i said last week
just as the masses were pilling into the oil trade ( because they always have FOMO and buy stocks when they go up)
big money and smart money sold off oil..took profits and waited for retail to get scared and sell
then they grabbed contracts and shares at 20% less and now have made an easy 20% profit...
I think most CDN oil stocks will be recovering back to their 52 week highs or close to them soon
Good luck all