Mar. 2 at 4:42 AM
🌅 Watchlist part 1
Oil tickers on high watch after US-Israel strikes on Iran. Oil could be heading to
$100/barrel if Strait of Hormuz disruption continues, which carries 20% of global oil supply.
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$REI oil ticker, pure oil producer in Permian Basin, 1.35 support, if above 1.50, have potential to 1.90 / 2.40
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$WTI oil ticker, mid 1.55 support, if above 2.70, have potential to 3.40
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$EGY oil ticker, low 5 support, if above 5.30, have potential to 5.70 / 6
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$AMPY oil ticker, mid 5.50 support, if above 6, have potential to 6.50 / 7
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$RIG oil ticker, mid 6.50 support, if above 7, have
🚨 The above tickers are not ideal for swing accumulation at current price
✅ Ideal long entry near low current support
🎯 Ideal stop loss if below current support
🚨 Avoid chasing long into strength near resistance
🎯🎯 Goal is GR🤑🤑N not GR🥵🥵D
