YusufS

Market reversal VXX

Long
YusufS Updated   
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Another bounce play, we have a triangle pattern or abc pattern forming on the bottom of this trend. Lots of buying action in anticipation of this move. The chart says the rest. Long at 19.67 with a tight stop just under. Out at 20.34.
Trade closed: target reached:
On the dime
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