UVXY - Bull Flag
UXVY - 2 hour chart showing the last several months of action.
Wave structure, volume profile, and harmonics appear to support more up in the near term for UXVY with a potential bull flag print last week.
Price is currently resting on support from last run-up/sell off in Nov and Dec 2021.
Looking for upper fib test and perhaps more into next week. Currently long weekly $20 calls.
Not financial advice.
Wave structure, volume profile, and harmonics appear to support more up in the near term for UXVY with a potential bull flag print last week.
Price is currently resting on support from last run-up/sell off in Nov and Dec 2021.
Looking for upper fib test and perhaps more into next week. Currently long weekly $20 calls.
Not financial advice.
Kommentar:
Should have bought puts! Will reload calls soon.