SimplyShowMeTheMoney

$UVXY 24 hours max! in and out 👁‍🗨

Long
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management

My team purchased shares of Inverse ETF $UVXY this afternoon. This set-up will challenge our 1-hour chart abilities.

Our first take profit is set at $18. Our take profit 2 at $20 may or may not get hit. We have also set an automatic stop-loss at $14.25.


ENTRY: $15.50
TAKE PROFIT 1: $18
TAKE PROFIT 2: $20
STOP LOSS: $14.25

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Comment:
24-hours was wishful thinking. We will not touch this position unless it hits our automatic stop-loss at $14.25 or reaches our take-profits.
Comment:
Closing out at $15
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