Whether you believe in this or not...it just happens.. like the gap theory where all gaps get filled overtime... the same thing happens with symmetry in charts... the charts are full of symmetries, specially the Dow Jones index... So, having said that I believe oil is developing a symmetry which will take the price to $60 dollars. Some might say there is an inverted shoulder-head-shoulder formation in progress as well... it could be.. I am starting to believe MRM is indeed a call option on oil price...
MRM Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held