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peterbhc
Jan 19, 2022 4:25 PM

UVXY looks ready for a pump Long

AMEX:UVXY1D
ProShares Trust Ultra VIX Short Term Futures ETFArca

Description

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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

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UVXY not in log - showing ready to breakout of trend

Comment

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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

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Limit sell triggered. RSI 1D is elevated. may cool down now
Trend Analysis
Comments
cerealtrades
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im short now. should i buy to close?
peterbhc
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@cerealtrades,
the MA50 is strong resistance on UVXY. 2 days to break it so far. Squeeze is looking to drop. I am not long UVXY at this time
bd826709618a412fa0fe20fbb130ce
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I think itll continue to go up
peterbhc
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@bd826709618a412fa0fe20fbb130ce, It might but I'll wait until I have a better confirmation (if I can find one) it did make a GAP today.
ChartProphet
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GOOD WORK!!!!!!!!!
ChartProphet
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This will be interesting, I made a nice play a few weeks ago on this but you have to watch expiration dates.
behnambakhshi136363
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Hiiii
.shiba&baby dooge
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