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Forum - VelocityShares 3x Long Crude Oil - UWT   

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From: hokk124 (Rep: 30) reply to mykDDate: 05/08/2019 15:41
Forum: VelocityShares 3x Long Crude Oil - Msg #102Thread #674079067 (Rec: 0)
Very bullish that the $62 support level was retaken.
Long UWT again.



Reply to mykD - Msg #2785308 - 05/02/2019 15:01

Re: $62 was an important support level that got taken out.

$62 wasn't a red line though. If you draw support since January you'll see it bounced off of it perfectly today. Granted, today's bounce was off of the bottom-most support, but still, it held. I added my last bit of UWT today for the next run up. This is about as safe a trade as you can get.
NOTE: This message has been revised 1 time. Read original version of this message.
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