ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[TraderRich]

Update: The nature of this breakout will prove to be one of two things...probably. It is either going to be a grinding move higher that typically drives traders crazy due to it's slow, churning nature. OR, this is going to be a false breakout type of "bull trap". Regardless, on any pullback the $14 level on the futures needs to hold as support for me to feel confident that the move to the target price of 20.30 on this adam & eve formation will eventually occur.

Now that I know how to post charts I'll update as warranted/as I can.