Will Wong
Long

UVXY Potential Cup and Handle pattern. Cup completed.

AMEX:UVXY   PROSHARES TRUST ULTRA VIX SHORT TERM FUTURES ETF
47 3 2
Volatility has been rising in the stock market lately with the market spooked by a few things including Ukraine, ISIS             , and now Ebola. A Cup and handle pattern could be potentially forming with the Cup already cooked. Next week, there could be a dead cat bounce from an oversold market, thereby forming the down part of the handle.
Hit target of $54 on Wednesday 10/15/2014
Reply
Hit $52.40 today, just $1.60 from target.
Reply
UVXY jumped 20% today. So much about the correction and the handle formation.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out