USO Looking Interesting

I have November Calls for USO, I'd consider adding a little here, but the position size is already at max size for risk management.

This is what I like about USO which is a channel buster so it's return back inside the channel is very high probability before any signals were given.

 USO 2 min is seeing positive action today on an intraday basis.

At the intermediate 10 min we have a positive divegrence too, note the accumulation areas, they are the lows of the range.

Now a 30 min leading positive divegrnece, again the accumulation areas are the low of the range with emphasis on the more recent trade.

A 60 min chart makes the trend very clear, USO looks primed for a run / Short squeeze back in side the channel is busted out of on the lower end. A likely target would be above the channel.