AMEX:GUSH   DIREXION SHARES ETF TRUST DAILY S&P OIL & GAS EXP & PROD BULL 3X
Looking at the chart for GUSH. I am looking for a break above the last high (green dotted line). A move higher should signal a continuation of higher highs and higher lows (red lines). I'll buy with a break above. OIL is looking good and other stocks like RIG and VLO seem to be trending higher. Wait for the break of the green line to confirm, and then set your stop just below it. It must hold.
Trade closed: target reached
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