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Opinion on  United States Oil Fund LP (USO)     Sector: Financial  >  Industry: Misc. Financial Services
Possible support for USO and OBV breakout

Feb 26, 2009 01:25 PM GMT
Factsandfigures
Return Risk
+4.99% LOW
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Possible support for USO is provided by a 5 year trendline.
Also, OBV (On Balance Volume) indicator broke out of the down sloping trendline on USO daiy chart. OBV breakouts usually precedes a breakout in price.

Charts at http://patternspy.blogspot.com/2009/02/uso-us-oil-charts.html...

USO:  This call was made on 02/26/09 @ $26.8
Rating:   Positive   $26.8 (02/26/09)
Closed:   03/19/2009 @ $30.49 (+13.77% in 21 days)


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