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Commodities Oil - April 18, 2018
publication date: Apr 18, 2018
Volume 2, Issue 2
April 18, 2018
Items of Interest:
- In our March 20 Technical Tuesday report we had our reentry signal to get long WTI—Crude Oil and looking to add to a weekly close above $67. We did have a marginal weekly close above $67 on April 13th, and with momentum continuing to build, we would be adding here again with the next target range of $75—$77 area. As a reminder, these targets were generated off the 2016 base.
- We have also included charts of four U.S. and four non-U.S. long ideas that look like buys right here. Those stocks are: WPX, MPC, GPRK, COP, STO, CEO, TOT and RDS.A.
- For more long ideas we refer you to the report sent out on April 10.
- On page 2 you will find the chart of Crude Oil and the stock ideas on the pages that follow.