tickeronAI

BOIL RSI Indicator left the oversold zone on June 19, 2020

Long
AMEX:BOIL   ProShares Ultra Bloomberg Natural Gas
A buy signal is generated. This is a signal that BOIL's price could be shifting from a downtrend to an uptrend. Traders may consider buying the stock or exploring call options. I looked back and found 37 similar cases where BOIL's RSI Indicator left the oversold zone, and in 31 of them led to a successful outcome. Odds of Success: 84%.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.