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Why I believe oil will go lower: O'Hare
Steve O'Hare of First4Trading.net discusses in a technical chart analysis why he is short oil.
O'Hare is looking to sell at $50.50/b with targets at $49.15 and $48.25/b. He has a stop at $51.60/b.
O'Hare features technical analysis of a selected trade every Thursday on Trading Floor.
Non-independent investment research disclaimer
Full disclaimer
02:39 minutes
Tags: commodities oil, crude oil, crude oil prices, saxobank.com, saxotradergo, short oil, short-selling, steve ohare first 4 trading, technical analysis, technical charts, tradingfloor.com, wti crude
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