swimmax

UCO Levels for the coming weeks $75 is the Target

Long
AMEX:UCO   PROSHARES TRUST II ULTA BLOMBERG CRUD OIL(POST REV SPLT)
Hope you enjoy this brief overview of the UCO Chart as we look to further levels of resistance and support. We are above both the 50 and 200 MA so well within our parameters for upside.

Comments

Judging by your chart, it's looking like early March?
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swimmax Adam458
@Adam458, The slow pace of this stock not sure. Very dependent on the price of oil we will do a correlation chart soon.
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