swimmax

Important level for UCO is coming up

Long
swimmax Updated   
AMEX:UCO   ProShares Ultra Bloomberg Crude Oil
Finally after sitting on UCO for months we are at the resistance level of 38.xx if we can break past this our next target is 51.xx range.
Sitting on a few shares of this always is a long shot but a good chance to get back into oil.
Trade active:
finally broke through the 38.2x level and are now looking to touch the 42.x range this morning. Holding this trade from the 38.x break with stop loss down at 37.x
Trade active:
Almost to the 51.5 resistance point
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