WTI Crude Gains Momentum But Analysts Maintain Short Positions
WTI Crude Gains Momentum But Analysts Maintain Short Positions
Traders are advised to hold the short positions initiated on Oct 15 at US$70.58. To mitigate risks, the stop-loss is set at US$76.
RHB Investment Bank Bhd (RHB Research) has advised traders to maintain short positions on WTI Crude, despite a strong bullish session yesterday that saw prices rise by US$1.84 to close at US$69.94.
RHb投資銀行有限公司（RHb研究）建議交易者在WTI原油上維持開空頭寸，儘管昨天的交易較強勁，價格上漲了1.84美元，收於69.94美元。
The commodity opened at US$68.16 and climbed steadily, reaching an intraday high of US$70.23 before settling just shy of US$70. A long bullish candlestick on the chart indicates growing upward momentum, further supported by the RSI momentum indicator, which has moved back into positive territory.
RHB Research noted that this bullish push could propel WTI Crude towards the 50-day SMA line. However, it expects the rally to face significant resistance at the US$72 level, as bearish technical setups typically limit sustained upward movement.
RHb研究指出，這一看好的推送可能會推動WTI原油向50日 SMA 不過，預計在72美元水平處會面臨顯著的支撐位，因爲看淡的技術形態通常會限制持續的向上移動。
Traders are advised to hold the short positions initiated on Oct 15 at US$70.58. To mitigate risks, the stop-loss is set at US$76.
建議交易者持有10月15日在70.58美元開啓的開空頭寸。爲了降低風險，止損設定在76美元。
Key support levels are identified at US$64 and US$60, while resistance levels are pegged at US$72 and US$76. Despite the recent bullish action, RHB continues to maintain a negative trading bias.
關鍵的壓力位識別在64美元和60美元，支撐位則設定在72美元和76美元。儘管最近的看好行動，RHb仍然保持着負面的交易傾向。
譯文內容由第三人軟體翻譯。
