bhowe

NATGAS, BOIL long idea

Long
bhowe Updated   
AMEX:BOIL   ProShares Ultra Bloomberg Natural Gas
Looks like a bull flag forming on NATGAS tracker BOIL 2x. Id like to buy in on the next tag of the lower flag line. Around $11
Comment:
Pattern continuing to work out. AB=CD looks good.

Comment:
NatGas had a bit of a dip here, but its on low volume. and %R is getting oversold. I suspect we move higher soon.

Trade closed: stop reached

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