AMEX:UWTI   VELOCITYSHARES 3X LONG CRUDE ETN LINKED TO THE S&P GSCI CRUDE OIL INDEX EXCESS R
361 7 7
Oil             really a teaser these days.... in range not willing to break out either way (See my linked chart)

Safe trading

Ladies and gents!

@BLawrenceM


Music at work:
https://www.youtube.com/watch?v=gdswF-6Woao
Wall St Scalper

Related Ideas

LastBattle
2 years ago
Nice catch.
+1 Reply
WallStScalper PRO LastBattle
2 years ago
Thanks!... But oil really range bound here.
Reply
LastBattle WallStScalper
2 years ago
Yep :) Ascending triangle. I got quite a bit of UWTI at 3.1~3.35 range.
Intending to hold till oil recovers, but there's simply too much scalping opportunity in this range.

$58 is my target.

snapshot
+1 Reply
WallStScalper PRO LastBattle
2 years ago
Nice chat!!! Can you zoom in a bit... Is price above your upper trendline?
Reply
LastBattle WallStScalper
2 years ago
The light purple line?
snapshot


It won't be that accurate since it was drawn for the daily scale, but I got a reversal confirmation there for as long as this ascending triangle holds.
snapshot


Another additional confirmation from timwest (if I remember correctly):
snapshot

Reply
WallStScalper PRO LastBattle
2 years ago
Yeah another day of trading and it catch up with the lower purple sloping up. Let's see!!
Reply
This looks possible too
snapshot
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out