jfs2152

GUSH long, Targets: $50-$80, tight stop loss

Long
AMEX:GUSH   Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
Just an idea!
Comment:
Big breakout of an ascending triangle on 4hr chart. We might see a pretty rapid movement to the $50 area in next week or so.

Comments

Where can I find gasoline usage
+1 Reply
new here! are we still thinking long?
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This has been right on spot!
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jfs2152 PheucticusTrade
@PheucticusTrade, Thanks! Now it's just a waiting game to see if a big price jump happens. Also, I moved my stop loss up to $34.
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Trade is looking pretty so far!
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