ContributorsTechnical Analysis Crude Oil Rebound In Sight By Swissquote Bank SA - Aug 08 19, 07:51 GMT FacebookTwitterPinterestWhatsAppLinkedinEmailPrint Pivot (invalidation): 51.70 Our preference Long positions above 51.70 with targets at 53.15 & 53.75 in extension. Alternative scenario Below 51.70 look for further downside with 51.25 & 50.55 as targets. Comment The RSI calls for a bounce.