DRIP. Dynamic Trade on Both Falling OIL + Stock Prices
DRIP Direxion's 3 X Short Oil and Natural Gas ETF
a long time favorite investment of mine,
is a dynamic way to play both falling oil and stock prices
On 10/23/18, DRIP rose almost 11 %, in just one trading day !
4 Hour Chart on DRIP shows a multi month base between 5 and 8with a sharp move up in the last month.
This h ETF often LEADS ...price movements in crude + stocks,
and is traded by some of the best traders out there, so you can also use it to measure divergences.
Note: A breakout and close above 8.65 in DRIP would be a POWERFUL BUY SIGNAL
and would immediately project the ETF to a 30 % potential move up to 12.50 !
THE_UNWIND
10/24/18 745 AM New York
a long time favorite investment of mine,
is a dynamic way to play both falling oil and stock prices
On 10/23/18, DRIP rose almost 11 %, in just one trading day !
4 Hour Chart on DRIP shows a multi month base between 5 and 8with a sharp move up in the last month.
This h ETF often LEADS ...price movements in crude + stocks,
and is traded by some of the best traders out there, so you can also use it to measure divergences.
Note: A breakout and close above 8.65 in DRIP would be a POWERFUL BUY SIGNAL
and would immediately project the ETF to a 30 % potential move up to 12.50 !
THE_UNWIND
10/24/18 745 AM New York
Note
DRIP CLOSE 9.13 UP 30 % ..in the last 48 hours,
complete 4 Hour Chart Breakout
as I had suggested was possible in this post written this morning
in the continuing crude oil + stock market collapse.
THE_UNWIND
10/24/18 410 pm New York
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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.