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poggo_
Jan 27, 2023 3:51 AM

BOIL long here Long

ProShares Ultra Bloomberg Natural GasArca

Description

Gas etn getting smoked over the last couple months and I think its reversal time. ABC correction just completed and I think we begin the move back up. Long target is $42.84. Options markets saw opening orders on 8c expiring tomorrow and 7c 6/16/2023. Both of these orders are openings orders with short sale restrictions. I think its bull time
Comments
Geggs1
I’m gonna pick up 2000 shares and see how the next 3 months play out. This thing can really catapult and turn into a monster once it gets going.
FlashingGraphs
@Geggs1 you still holding?
Geggs1
@FlashingGraphs, I picked up 500 at $7.50 500 at $6.35 and another 1000 today at $5.65. It’s a never ending spiral lol. Looking for a bounce here soon.
FlashingGraphs
@Geggs1, it will! Smart to DCA in.
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