Steve O'Hare of First 4 Trading is looking to buy oil. O'Hare says that the price has broken to the downside and corrected over the last month.

O'Hare says that the current move lower is stalling and he sees resistance at $42.17.

Steve O'hare is long at $42.25 with a close stop at $41.30 and targets at $43.10, $43.75 and $45.00.

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