USO/BNO hit 52-week highs.
It's moving! Any additional thoughts on USO?
Are you profitable on it/them?
Sean, yes...18% Sell?
I'm not sure if you're referring to BNO or USO, etc. but yes, if you're up that much on either, I'd consider selling and raising cash.
USO is approaching its declining 200-week moving average. And there's a ton of focus on oil right now. Many are getting very bullish once again, which makes me think we could be ready for another decent sized pullback soon. Also, USO, Brent crude and WTI crude are all way away/above their 200-day moving averages and risk a large % pullback as a result.