UNG Bullish Breakout
UNG broke upwards from a nice pennant. Target should be 9-10 range.
I am short DGAZ (let the 3x decay work for you)
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WE ARE
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PRE EXISTING T CELL IMMUNITY
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POSTING INFORMATION
I never buy breakouts….poor risk/reward. I always buy support into heavily oversold conditions with confirming internals. I’ll take my long DGAZ play any day but that’s what make a market. I assume you place a stop if price retreats below your break out level that you bought?
IF the MACD and TSI indicators on the daily flip to a buy I will exit the position.
whoops meant a sell for UNG…a buy for DGAZ since I am short that vehicle. I use end of day closing prices to prevent a daily whipsawing.