$CL Continue to go long. After news came out that the Houthis attacked a Saudi oil tanker, they pushed the price up directly. Now there’s a bit too much accumulation of sell-side open shorts in the order book; institutions will very likely borrow this sentiment to keep pushing higher and set up a short-squeeze move. As for whether it can reach $100, this level is something everyone should pay close attention to. Going long with the trend is fine, but don’t chase too aggressively—manage risk carefully.

CL3.62%
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