This Oil ETN Could Breakout

Quiet as it has been kept, the iPath Crude Oil Futures ETN (NYSEArca: OIL) has been on a torrid pace, surging 29% over the past three months. OIL’s run may not be over if the ETN’s charts are accurate gauges. “Eventually of course, a breakout from that wedge becomes inevitable. At that point, one...
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