Almost a rectangle but slightly higher lows noted.
Possible stop below 31 if long.
Possible stop above 42.90 if short.
Neutral until broken.
No recommendation/Prior head and shoulders .
Leveraged.
This Commodity-related product may carry a high level of risk and is not suitable for all investors. Commodity-related products may be extremely volatile, illiquid and can be significantly affected by underlying commodity prices. Investments in commodity-related products may subject the fund to significantly greater volatility than investments in traditional securities and involve substantial risks, including risk of loss of a significant portion of their principal value. Learn more. (DO848)
2. Leveraged and inverse Exchange Traded Products (ETPs), inclusive of ETFs and ETNs, are not generally intended for long term investing. Learn more about Leveraged and Inverse ETPs, as they usually carry higher maintenance requirements.
Possible stop below 31 if long.
Possible stop above 42.90 if short.
Neutral until broken.
No recommendation/Prior head and shoulders .
Leveraged.
This Commodity-related product may carry a high level of risk and is not suitable for all investors. Commodity-related products may be extremely volatile, illiquid and can be significantly affected by underlying commodity prices. Investments in commodity-related products may subject the fund to significantly greater volatility than investments in traditional securities and involve substantial risks, including risk of loss of a significant portion of their principal value. Learn more. (DO848)
2. Leveraged and inverse Exchange Traded Products (ETPs), inclusive of ETFs and ETNs, are not generally intended for long term investing. Learn more about Leveraged and Inverse ETPs, as they usually carry higher maintenance requirements.
Note
Who knows? Not me )o:Note
Above the immediate resistance lineNote
The triangle has changed at the top line. Price is at resistance today.Note
Price will have to break resistance of prior H&S neckline to reach targets too much higher than posted/I bought plenty of this so I am watching it closely and I will update if this occurs.I let go of enough today to pay for my initial investment and take some profit. This took more courage than I thought it would to sell but now I am free of any debt and still own plenty of shares.
So no sweat? Right? LOL There always seems to be some sweat involved with anything worth having )o:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.