As seen from the chart UMA has the ability to post very fast significant gains, and retreat quickly as well.
2 possible entries with reasonable risk to reward, but as the title says, get your TPs in place, maybe even a trailing stop so if the pump doesn't reach your TP, you don't give all the gains back.
I was alerted to UMA by someone I follow who is predicting a Total 2 crash of 15-20% in the next 2 weeks, so that will be interesting to watch (if he's right I'll post his name here).
Is it possible we will be out of leveraged longs with new bargain orders in place (ready) if it happens - sure.
Is it probable - no (will have thought about it only!)
2 possible entries with reasonable risk to reward, but as the title says, get your TPs in place, maybe even a trailing stop so if the pump doesn't reach your TP, you don't give all the gains back.
I was alerted to UMA by someone I follow who is predicting a Total 2 crash of 15-20% in the next 2 weeks, so that will be interesting to watch (if he's right I'll post his name here).
Is it possible we will be out of leveraged longs with new bargain orders in place (ready) if it happens - sure.
Is it probable - no (will have thought about it only!)
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