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ChartProphet

UVXY PROSHARES , Inverse Trade Fun!

Long
ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)  
ChartProphet  
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Chart Patterns Technical Indicators Trend Analysis Descending Broadening Wedge wedgebreakout UVXY ETF breakout
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3
chartpattern indicator trendanalysis descendingbroadeningwedge wedgebreakout uvxy etf breakout
The ETF fund UVXY has exited out of a descending wedge and seems to be playing out. Regardless of the fact that it does reverse splits, this does seem to be a good play if not just in the short term. I have Fibonacci targets at $42, $63, and $79
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