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Lambert: Look to get long on a dip in Brent

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Despite the volatility seen recently in Brent crude, Clive Lambert from FuturesTechs says that traders could look to get long on a dip in Brent.

Clive says that although there was a big sell off on Wednesday, buyers were found on Thursday, indicating a downside rejection. 

He says look to buy April '15 Brent at around USD 59.70 with a stop below USD 58.70. Clive's targets are USD 63.00 and USD 67.00 although he says it may be a couple of weeks before those numbers are reached. 

He warns, however, that due to the volatility, this is not for the faint-hearted.

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