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UGAZ - Who wants to be a millionaire?
Diupdate
I want to post it before market close so this is going to be short. If today the bottom is in by the end of next week today's UGAZ position can be in 50% profit.
We are printing all time record volume.
In the past all time record volumes often were the sign of the bottom and a big rally.
The facts:
2016.05.31 - Price rallied from 20 to 51$.
2016.11.08 - Price rallied from 20 to 50$
2017.02.21 - Rally from 13 to 23$
2017.10.19 - Rally from 9.5 to 21$ ???
NEW LONG ENTRY at 10.34$.
We are printing all time record volume.
In the past all time record volumes often were the sign of the bottom and a big rally.
The facts:
2016.05.31 - Price rallied from 20 to 51$.
2016.11.08 - Price rallied from 20 to 50$
2017.02.21 - Rally from 13 to 23$
2017.10.19 - Rally from 9.5 to 21$ ???
NEW LONG ENTRY at 10.34$.
Catatan
Look who's bouncing... +3,4% at the open. If it stays here ugaz will have a 10-12 % up day Monday.
So who wants to be a millionaire?
Catatan
Adding to the position at the close.Catatan
Capitulation volume. All time record volume.
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Today’s a very important day. we are at the bottom of the range. we need to see by the close if we are breaking down the range significantly or not. So far we are bouncing from the bottom of the range. Chart natgas instead of ugaz.Catatan
UGAZ was under pressure last week. Should have run 7-8% on Friday but the gains were only 4,5%...Today I think we are going to open by a gap in 8-10% gains. A few players will try to get rid of the position but I don't think the gap will be filled and we will end up the day in 14-15% of gains.
I just hope noone freaked out at the exact bottom last week.
Catatan
11,5% so far.Catatan
13,5%Catatan
14,2%Catatan
15,5%Catatan
How are my victims today?Catatan
Guys don’t even think about closing it. Natty is breaking out of a multi month condolidation before the winter.We might see a fantastic rally till January.Catatan
Big up day is coming again today. We might Stop for a few days. Any dignificant pullback is a place to add.Catatan
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Starting to look like a short squeezeTrading ditutup secara manual
25% percent in a year.
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Annoying when you make a call and it comes true a year later. At least the title fits to what’s happening.I exited too early.
Catatan
UGAZ is a beast these days. We gave back all the last 5days rslly in a day.Catatan
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