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$.
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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?
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Adding to the position at the close.
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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.
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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.
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11,5% so far.
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13,5%
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14,2%
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15,5%
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How are my victims today?
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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.
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Big up day is coming again today. We might Stop for a few days. Any dignificant pullback is a place to add.
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Starting to look like a short squeeze
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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.
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UGAZ is a beast these days. We gave back all the last 5days rslly in a day.
@chartwatchers UGAZ All Time Record Volume yesterday, again! But this really counts...?
UnknownUnicorn371507
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Clickbait title followed up with risky trade ideas, the TV quality we've all come to expect.
rafalo
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So UGAZ looks like perfect way to lose million.
bertcoin
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Careful my friend. Pride goeth before the fall. :) I'm holding "bigly".
michaelkid_wang
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Good job Arpi...and the two-week delay rule also works. But never mind, as long as we both make money, no matter how much, that will be good. Wait for your next new idea.
rere04
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whos having fun in ugaz!?!?!
GeorgeJimas
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@rere04, Love the guy, but he needs to stop with these titles lol
People are probably still waiting on their 200% gain on JDST from July.
rere04
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@Perseus, LMFAO I love his titles... very creative and he has every right to share his ideas. After all, that's what TV is all about :)
chartwatchers
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@Perseus, jdst went nowhere since summer...
At least I don’t use a name of a god’s son in a public site LOL.
wien
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@chartwatchers, could you please update your view? I'm still holding it and am panic