Oil prices is going to $100

[CharlesBakerfx]

If you analyze the daily/weekly chart of the OIL prices, you will see that it rose over 25% on the last couple of times it fell to the $80. The embargo on the Iranian oil was the trigger for the current bullish momentum (although I believe it would have come anyways) and the target is $100, which means about 15% from the current levels. I am waiting for correction and bullish reversal around 86-87.

 

[hgh]

it will go to 100, but not now. at least not this year.

 

[Patricia12]

There is no chances to hit $100 in coming months and without any big announcement by OPEC.