|From: maybe (Rep: 93) reply to Stockguy89||Date: 11/04/2016 10:21|
|Forum: VelocityShares 3x Long Crude Oil ETN - Msg #428||Thread #673881974 (Rec: 0) |
|Re: UWTI heading towards 16. Getting a bit oversold here. Also there always seems...|
Not to say UWTI is a bad buy right now, but its not possible for it to be oversold. Its a triple leveraged ETF. They dont have technicals.
The money is in the movement, not the direction.
| Reply to Stockguy89 - Msg #2644134 - 11/04/2016 09:51|
UWTI heading towards 16. Getting a bit oversold here. Also there always seems to be a bogus rumor right about this time to prop prices back up.
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