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[UVXY] Breakout Call Last Week Confirmed: More Upside to Come?

The little yellow line microcosm analysis turned out very accurate.
As soon as it closed above the yellow uptrend it continued upward and is just being held by the purple S/R now and exactly at my TP.
From here we could see it wedge back down some but we have strong potential for an SPX pullback that will spike this thing through the roof.
Lets see if it can reach my max upside prediction (red box).
If it closes above the purple line, chances are high!
As soon as it closed above the yellow uptrend it continued upward and is just being held by the purple S/R now and exactly at my TP.
From here we could see it wedge back down some but we have strong potential for an SPX pullback that will spike this thing through the roof.
Lets see if it can reach my max upside prediction (red box).
If it closes above the purple line, chances are high!
Data analyst with a passion for best fit lines B)
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Data analyst with a passion for best fit lines B)
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.