AwesomeAvani

BOIL Natural Gas Price Recover and Reverse

Long
AwesomeAvani Updated   
AMEX:BOIL   ProShares Ultra Bloomberg Natural Gas
BOIL on the 2H chart has bottomed and begun the reversal as this leveraged natural gas fund

sees a red to green in the HA candles as well as the volume. Price has crossedover the POC line

of the long-term volume profile and exploded from a Doji candle below the mean anchored

VWAP with consecutive engulfing bullish candles.

The Luxalgo AI predictive indicator suggests a parabolic move higher and

a correction in the first part of next week. I have already profited 700% on this trade that I

have been in since my earlier idea on BOIL. I will add to the position now but be watchful

for a reversal of the reversal while watching a volatility indicator to set the exit.
Trade active:
BOIL up over 15% for the day; call options DTE tomorrow are up 250%. Closed 1/2 of them to take profit and reassess in the morning. Buy ten more options DTE 5/26
and another five DTE 6/216 to stratify risk of time decay and make for a longer trade but expecting reversal in two trading days.
Trade active:
Also see the XNGUSD idea linked / pasted here

Trade active:
BOIL up over 4% from yesterday consistent with predictive algo indicator. Holding all call options through the weekend. Expecting downward reversal after it.
Trade active:
BOIL is up 5% today at mid-day- fortifying the idea further. ( BOIL is boiling over ).
Call options are doubling every three days. Loading up with more but ready for
a flip next week.
Trade active:
BOIL retraced down as projected to 3.65-3.70 range bottoming at 3.67 hedged with KOLD alls now closed; BOIL rebound is underway all is good holding for the weekend. Profits taken earlier in the week retraded into OILU long when it dipped this morning.
Trade active:
See also

Trade active:
AI Trend predictive indicator is suggesting a near-term BOIL price action down to $3.5 by Tuesday afternoon then up to $4.00 by Wednesday mid-day. I will place
call options 3DTE at $3.00 to cover that overnight trade.
Trade active:
The swing bottom reached $3.25 trending up in after hours
Trade active:
BOIL flushed down two hours ago about 4% now @ 3.12 ; one hour ago price crossed above the long-term moving average from below as a buy signal. Currently at deep discount. Added to the position.
Trade active:
Whip saw action this morning premarket and after the bell- buying the lows .
Comment:
Comment:
Trade active:
I made 100%+ on the options today. Financing more options tomorrow with profits from the KOLD calls closed out when the lines crossed on the chart. ( Rinse and repeat). See my other idea on BOIL. Technical megaphone pattern -linked in the comment above.
Trade active:
Buy low sell high. BOIL is on sale today. Buy at discounts do so quickly without reservation.
Comment:
BOIL - in 13:48 NY EST out 14:24 NY EST ( 45 minutes ) ROI 4.4% on stock 83.5 % on call option 1DTE (Price Entry 2.96 exit 3.10)
Trade active:
Another day of scalping the uptrends with 0DTE call options for immediate realized profit
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.