NoFomoCharts

$USO ETF Ascending Triangle Pattern

AMEX:USO   United States Oil Fund
$USO (United States Oil ETF) is currently in a Ascending Triangle Pattern and is near a breakout/breakdown point.

Upside Breakout Target: $33 to $34.

Downside Breakdown Target: $24.50 to $23.50.

Large Volume is needed to confirm the breakout or breakdown.


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