ProShares Ultra VIX Short Term Futures ETF
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Volatility about to break out? $UVXY the path to $60+.

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UVXY looks like it's on the verge of breaking out to the upside. We a falling wedge which broke out to the upside and now price has found support on the top of the structure. Usually that indicates a large move upwards is coming.

If it starts moving, I can see a quick move up finding a final target of around $62.

Let's see what happens over the coming weeks. I've started buying in the low $12 region.
Not
Made my last buy at $11.57. Now we wait.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.