yeah I took a shot on Friday bought some USO calls. I've
seen price gap out of channels too many times vs crossing it intra
day. I had a feeling on Friday it might finally turn up so
took a shot. yes it was a gamble but sometimes with that stuff I
take it, and sometimes I'm wrong, but this time was right at least.
Risk/reward didn't seem bad, it was so stretched to the
downside and the MACD started to flatten out on the daily along
with RSI divergence, so really wasn't that risky buying on Friday
IMO
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
ok Matt great newsletter !
Posted by RP on 3rd of Dec 2018 at 09:28 am
ok Matt great newsletter ! We will open over channel on USO..
yeah I took a shot
Posted by matt on 3rd of Dec 2018 at 09:37 am
yeah I took a shot on Friday bought some USO calls. I've seen price gap out of channels too many times vs crossing it intra day. I had a feeling on Friday it might finally turn up so took a shot. yes it was a gamble but sometimes with that stuff I take it, and sometimes I'm wrong, but this time was right at least. Risk/reward didn't seem bad, it was so stretched to the downside and the MACD started to flatten out on the daily along with RSI divergence, so really wasn't that risky buying on Friday IMO