By Mohammed Isah of fxtechstrategy.comCrude oil printed a high of $83.03 Friday, reversing its Thursday losses and resuming its near-term uptrend that began at the $69.69 level. This development has left the commodity eyeing its 2010 high at $83.93 where a break will trigger the resumption of its medium-term uptrend currently on hold toward the $85.00 level. Click here to view a chart of the commodity. A decisive clearance of that level will put the commodity on the path to further upside gains toward the key psychological level at $90.00. Although crude oil holds and trades above the $78.01 level, its Feb 3. high, our upside outlook on the commodity remains valid. > > Bull or Bear? Vote in Our Poll Weekly stochastics are bullish and pointing higher, supporting this view. On any pullback, the Feb. 22 high at $80.75 is expected to reverse roles and provide support, thus turning crude oil back up again. Further down, support is located at the Feb. 3 high at $78.01, followed by the Feb. 25 low at $77.02. A turn below the latter level would pave the way for a move lower toward the commodity's long-term rising trend line, which is currently located at 73.43. On the whole, with crude oil continuing to build on its nearer-term recovery activated at the $69.69 level, the risk continues to increase that it will recapture its medium-term swing high at $83.93.