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Shaw53
Apr 16, 2020 5:21 PM

Long USO Long

United States Oil FundArca

Description

I'm at an average of $4.30. Price Target 5.00ish.

Trade closed: stop reached

Sold at $4.00 last night.. Oil getting ugly.
Comments
UnknownUnicorn5725068
nice catch, just need the pump to execute now..
Shaw53
@jeffreyc96, we need some news on another production cut, combined with US economy reopen for a demand increase.. People have been kept at home for too long, they're going to want to travel and drive around.
UnknownUnicorn5725068
@Shaw53, this feels scary to hold over the weekend
Shaw53
@jeffreyc96, I hope you got out okay. I sold my calls too early... volatility spiked the price.
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