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VinnyTheTrader1
Apr 15, 2020 9:25 PM
UCO - long
Long
AMEX:UCO
60
ProShares Ultra Bloomberg Crude Oil
Arca
Description
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Apr 15, 2020 9:25 PM
Since, WTI futures are time bound and we can't hold it for longer term. UCO looks great for long term hold. UCO once traded at $25 and now its a bargain at $1.70. it's for a swing trade if you can't afford crude oil lots.
Vinny
Trend Analysis
Technical Indicators
Beyond Technical Analysis
UCO
wticrude
Comments
StewLoo
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Apr 21, 2020 12:53 AM
Do you realize UCO has already split 3 times?
dpat3l96
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Apr 21, 2020 1:53 PM
@StewLoo
, Don't you realize I just made half a mil on this today??
StewLoo
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Apr 21, 2020 2:21 PM
@dpat3l96
, someone’s pants are on fire!
dpat3l96
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Apr 21, 2020 2:49 PM
@StewLoo
, Hahah the double ? was to emphasize the sarcasm
samrmorris1994
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Apr 16, 2020 8:14 PM
What do you consider Longer Term? How long is too long to hold?
DayTrader_007
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Apr 16, 2020 1:26 PM
Doesn't this stock decay though?
TrendsOutlook
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Apr 18, 2020 9:12 AM
@DayTrader_007
, This ETF because it's leveraged will decay over time. This is best held if you have a bullish outlook.
DayTrader_007
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Apr 20, 2020 12:47 PM
@TrendsOutlook
, Thanks!
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