Replies to post #5226 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[CyclicalTrader88]

I'm looking for a minimum of 2.56 UGAZ on this run. Hopefully it goes much higher.

[dabonenose]

Penny,,,I have my sell order in at the last local gap at 2.80,,,no hurry here, it'll get there easily.

I figure it'll be ready for a rest then.

Just another note,,,If it breaks and holds the top of the down channel at 2.80, I'll rebuy and hold it for a target line I have drawn in at 3.50 - 3.60 and there's also another gap at 4.34 I just noticed. This gap will have to be a strong push due to strong mkt fundamentals though, as it's from back on Jan. 16th. IMHO.