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Friday, February 17, 2023

GUSH - Rolling Over - Bearish

Oil shares are looking increasingly bearish. GUSH looks to be failing at the 50 weekly. Price could drop under $100. Weekly

7 comments:

  1. As I'd mentioned a few days ago DRIP looked ready. Shorting oil shares looks to be a good trade here. This GUSH chart is showing that clearly.

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  2. Volatility not that exciting yet but UVIX could do ok here also.

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  3. DRIP strong performer with Oil down almost $3 a barrel today

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  4. Sc what is your upside target for uvxy ?

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