peterbhc

UVXY looks ready for a pump

Long
peterbhc Updated   
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
UVXY in Log Scale.

Squeeze on daily is ready to go, RSI should pump to overbought.

Look to sell at or above the WHITE targets.

Good Luck
Comment:

UVXY not in log - showing ready to breakout of trend
Comment:
first profit target hit, let's see if the second one makes it. i moved my stop loss up $15.30 locked in profit.
Trade closed: target reached:

Limit sell triggered. RSI 1D is elevated. may cool down now
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