The price of GUSH is finally moving sideways instead of down. The price is being supported by the lower long term trend line. Very high selling volume, maybe reaching an end. I still don't have a buy signal for GUSH yet but its close. What interests me is the BUY signal I got in USOIL . If OIL moves higher, and it appears as if it is, can GUSH not be far behind?
nothing happens until happens. just seat and wait
Huge chances to go up from here.
I dont see oil going above 65 unless some major event happens. If crosses 67 then its a breakout and oil can goto 100 as well. But who the F care so much. Play for next 3-5 months only.
Loses 50.51-51.00 support area and recession closer than many think
If you have been watching oil and the energy sector you've seen quite a decline lately. It could be that the energy sector bottomed 2 days ago. Look at that lower trend line. touched several times and very nice gains after ward. I would be willing to bet the bottom is in for GUSH. I usually like to wait to see the price regain the 10 sma and get above the...
No harmonic pattern, Trendline approach, Oversold.
this has ruined so many ppls life including me. It needs some reversal now
All description on the chart. Please, don't forget to like and follow. Thank you.
Energy is now historically low in regards to it's percentage allocation in the S&P 500 components. Likely going to build a long term position if we reach the target, likely early 2020 XOP 3x levered GUSH is trading in the $2's haha... going to need to split soon
This corner trade has now revealed itself. With a clear wash and rinse into structured support. Waiting for price to come back into a buy order and a structured stop below. This proposed trade will offer 14 X return to risk levels. Buy order set at 2.64 with a current stop of 2.45 Current Targets Selling 50% of position at each are: Target 1 at 4.52 Target 2...
GUSH Reversal? An idea I'm considering but its a bit complicated to trade this one. 3X ETF containing a bunch of nat gas an oil stocks. Very high correlation with XOP. Watch out for decay if you plan to hold. HONOR YOUR STOP and don't be greedy yet. Here is a screenshot of the 3 tickers shown in the idea cart. i.imgur.com Oil (/CL), Nat Gas (/NG), and XOP have...
I posted recently the neck was broken on oil. The bears made out big! Now Bulls it looks like it is your turn. Volatility. I see $57-$58 for the bull run let's see! See my posts below to see the current Geometrical Frequency of Oil. -Coach Reeves