Replies to post #3256 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[Ican]

Right, that sideway trading scenario could happen, but i doubt it. Uco shouldn't get higher than $16.22 or its back to the $20s.. and at that point, my putts would be underwater.


Edit: your $49 price tgt looks good, congrats if long.