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I'm holding until 8.60 min target. Still a longer term bull on jnug.
Strat,
8.60 looks reasonable for next week.
I suggest everyone take a look at a weekly chart of jnug, say 2 years back. Anything can happen, but I'm feeling pretty good about jnug. It is oversold, with a solid "buy" bias. of course this is jmo, and I've been out of pocket the past month with medical issues. glta!
I'll take the shoes.. getting scared. out at 10.60
Here we go baby...Baby needs a new pair of shoes...
Back in at 10.48...
If 10.35 will hold, we might have at least a tradable bottom...
Folks, this is looking like a pretty solid short term base to get in. I'm in at 11.54
G'mornin' folks. Oil down, gold down, dolla down...gonna be inerestin'
exactly what went through my mind...
Never beat myself up for making a few bucks, but selling this one was almost as bad as holding a loser for too long.
I'll "try" to get in on a pullback, although there may not be much chance between here and 14.35.
Im feelin a bit silly for selling at 10.93...
well done!
looks like a little short coverin..
Been out of pocket a bit, but I'm right there with ya guys!
As I said, I'm buying if 8 is support. We'll find out soon enough...
Sold JNUG in the pre market this AM. Looking to me that resistance is at 9.60 (channel top), if it smashes through that I'm in. Pull back to 8 then Im also in. GLTA
I hope you are correct. I think WTI has to drop another buck before we get a reasonable trading reversal.
I suppose my sell order kicked in at 8.93.
Overall I think we have more to go. Wait for a pullback here and see what those purty lines on the charts say to me...GLTA
Agree. Think we're headed to low 11's
Blessed as well. I think shorts are hittin JNUG. Gold futures are holding up fairly well though.
How's it goin' Hustla?
My sell order is in at 8.93.
Keepin my fingers crossed.
Happy and profitable New Year to YOU too pleeb, and everyone else on the board!
I think we test 54.51 either overseas trading or tomorrow.
After that, I don't see much overhead until 57+.
Sorry. I meant that to be an open question to the general population here, My bad.
What's the draw to UCO? I know the volume is a bit more than UWT, but 30-50% less gains compared to UWT. Just curious.
Potential break to the upside for WTI this morning.
Hopefully we stay above 53.35 this morning. Appears to be a little overhead resistance near term at 53.76.
Bought a little "new" UWT here. Just pierced the downtrend line (over the past couple of days).
I did add to my retirement funds today, some Fidelity select energy. Great call Kam!
I think if eia confirms a healthy draw as well that WTI will start to make a decent move.
Yup. I feel like the guy betting the pass line only, while the guy holding the dice rolls all the numbers. haha
Outside of the whipsaw, its been pretty dull.
Longer term (hourly chart), WTI resistance at 54.50(overhead), then 56.50 (rising channel). Oil looks like a good bet no matter the etf/etn ticker.
Although I lost a bit, looks like I did the right thing getting out for the moment..
Crap. I'm out of UWT at 26.23.
Back in uwt at 26.60...gotta watch it closely.
Back in uwt at 26.60...gotta watch it closely.
looks like DWT is coming into some resistance here. I think I'll nibble on the UWT now.
right now opec is not good for opec.
I wouldn't say that. I was in and out of it yesterday for a few bucks.
yup, especially since uwt fell below my buy(support) price in premarket. Dropped low enough it may be getting close enough to buy again..haha
Thanks Swag. Looking to buy it again around 27.36 or higher from here if it breaks out of the channel its in.