Oil held the 53 dollar level which was also neckline from previous breakout and currently has broken out of short term wedge . If it could manage to continue to trade above the moving average and poke thru the 64 dollar level, then a re-test of the 76 dollars is probable in the next few months. Both RSI and MACD on the daily and weekly are good. If my thesis is wrong then a re -test of 53 is doable.
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