Good day to all, 3 ETF’s and one stock with very interesting patterns are showed today…let’s start with the ETF’s where 2 of them are linked with Oil prices (where I’m bullish too).
USO United States Oil (NYSE:USO)
Bullish channel, double top breakout, higher highs and higher lows, can’t get clearer than this. Buying pull backs.
VanEck Vectors Oil Services (NYSE:OIH)
Double bottom at 23$, trend line breakout. Risking as long as price is above 23$
iPath Bloomberg Coffee Subindex Total Return Exp 24 June 2038 (NYSE:JO)
Huge downward sloping wedge pattern. A break above 14.59$ will give a break out signal and I would expect price to move towards 15.80-16$ at least.
Another interesting wedge pattern is found in
CFFN US Capitol Federal Financial, Inc.
Break above 12.70$ and we could have a break out that could bring price back towards 14$.
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