BBOIL recently went through a reverse split which is usually not a good sign for any instrument. However this is 3x leveaged play on US Natural Gas. UNG has more or less same kind of chart pattern.

The higher time frame charts shows that this could be churning a hot lava that could explode in coming days / week. A massive short squeeze could trigger the price to a 'Too good to be true' levels.

Given that these commodities are extremely volatile and have to be dealth with accordingly. Highly risky, highly volatile only for Risk takers with a well calculated trade management plan.

So if this is boiling or just stays KOLD , Time will tell !
Chart PatternsTrend Analysis

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