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AllAboutMoney
Nov 9, 2021 3:28 PM

looking for 60%? Long

AMEX:BOIL60
ProShares Ultra Bloomberg Natural GasArca

Description

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a 60% pattern is almost complete right now. we are looking to match with the weather report that ensure a new snowfall in coming days. GL
Trend AnalysisHarmonic PatternsChart PatternsnatgastothemoonLNG
Comments
gmarin305
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could you have been any more wrong? lol
AllAboutMoney
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@gmarin305, early pattern detection, but it's going to go high
gmarin305
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yeah it seems like more of a day trading vehicle than something that should be held over time. doesn't correlate over time.
AllAboutMoney
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@gmarin305, yes, for the session
gmarin305
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@AllAboutMoney, how do you play this then, what is your entry and exit strategy?
AllAboutMoney
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@gmarin305, this is my seasonal trade, nat gas sometimes is slow but pay well, inventories are low, demand is very strong, and will be in the coming months according to the meteorologists
gmarin305
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You think its gonna go back up 60%? seems like it just finished a bearish head and shoulders. Hope you're right!
AllAboutMoney
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@gmarin305, yes i am!
AllAboutMoney
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@gmarin305, the only thing about BOIL that doesn't like is that Proshares are a bunch of thieves
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