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BDRTrigger33
May 19, 2021 4:06 PM

$GUSH LONG Target at 91: Post 5th-wave ascending (Elliot Wave) Long

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X SharesArca

Description

The general thought is this is the fifth wave of a corrective (Upward trending) sequence. Ideally, GUSH returns to 91/s as a target w/ again (something I hate) an undefined time range: Play it w/ a position swapping; I advise skipping any additional options contracts you may otherwise have tacked on. Thrive.

-BDR

Comment

About 7-8 trading days of intensely sideways action but we passed our profit-taking point, if still occupying position I'd close it now.
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