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Breaking from the triangle we determined yesterday gave a clear signal during the correction. The price returned to the triangle line and bounced towards the mountain. Today we are awaiting data on oil stocks. The forecasts are for inventories to decline, which is positive news for this stock’s gains. Possible scenario in the picture if stocks are less than expectations. Maybe this was the accumulation of orders that I wrote about a few days ago. Investors prepared for a strong commotion on the market. But this is just my discussion, because I do not know the real data to be announced.
