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OIL Point and Figure

|Includes: CVX, DIG, DUG, OIH, OIL, The United States Oil ETF, LP (USO), XLE, XOM

If you want to see a very clear support and resistance on OIL just go to the P&F chart. The P&F price target for OIL is 115. As long as it stays above the 75 area it has that chance.