DRIP. Dynamic Trade on Both Falling OIL + Stock Prices
DRIP Direxion's 3 X Short Oil and Natural Gas ETF
a long time favorite investment of mine,
is a dynamic way to play both falling oil and stock prices
On 10/23/18, DRIP rose almost 11 %, in just one trading day !
4 Hour Chart on DRIP shows a multi month base between 5 and 8with a sharp move up in the last month.
This h ETF often LEADS ...price movements in crude + stocks,
and is traded by some of the best traders out there, so you can also use it to measure divergences.
Note: A breakout and close above 8.65 in DRIP would be a POWERFUL BUY SIGNAL
and would immediately project the ETF to a 30 % potential move up to 12.50 !
THE_UNWIND
10/24/18 745 AM New York
a long time favorite investment of mine,
is a dynamic way to play both falling oil and stock prices
On 10/23/18, DRIP rose almost 11 %, in just one trading day !
4 Hour Chart on DRIP shows a multi month base between 5 and 8with a sharp move up in the last month.
This h ETF often LEADS ...price movements in crude + stocks,
and is traded by some of the best traders out there, so you can also use it to measure divergences.
Note: A breakout and close above 8.65 in DRIP would be a POWERFUL BUY SIGNAL
and would immediately project the ETF to a 30 % potential move up to 12.50 !
THE_UNWIND
10/24/18 745 AM New York
UP 30 % ..in the last 48 hours,
complete 4 Hour Chart Breakout
as I had suggested was possible in this post written this morning
in the continuing crude oil + stock market collapse.
THE_UNWIND
10/24/18 410 pm New York