AMEX:UCO   ProShares Ultra Bloomberg Crude Oil
Bull oil ETF for possible gain. Should it continue bull, target around 16ish and should find itself oversold on the daily then pull back. Just a short term trend thing.
Trade active:
Slowly oil is moving up. Can't blame anyone for taking profits due to this slow stepping in price.
Trade closed: stop reached:
Too choppy and stop triggered. I'm thinking more chop and bull oil in August.
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