coinslayer191

GUSH... It's on the move but to where?

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AMEX:GUSH   Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
1st Published Idea. Would love feedback on this.

This is a chart that has respected the Fib all the way. The price action in the last few days has definitely been bullish but it just ran into a few key resistances, but in the channel and the Fib.
It's likely to see one of a couple of responses...

1. It either dips for a bit (D) to consolidate for a big push toward (E), or
2. It flat lines for a couple of days building momentum for the big push, or
3. the Oil and Energy market as a whole drives this thing over the top and we get to the next Fib level in an even crazier way.

Either way, I'm seeing a 40% return here. Give it a day or two to see where the buy in lies....

Posting to stake claim to an epic run prediction... we shall see.
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