Possible BOIL Cup and Handle in formation ENERGY PLAY LONG
BOIL could be setting up a long continuation trade
Now working on the handle. MACD shows the lines crossed
while under the histogram is very often an excellent sign.
Time will tell- My preferred trade will be call options
expiring in late January or February.
( This is a triple-leveraged natural gas play with
the upcoming winter heating season expected to be
expensive especially in Europe. The inverse is KOLD
which would be a good put option right now.)
BBOIL
Now working on the handle. MACD shows the lines crossed
while under the histogram is very often an excellent sign.
Time will tell- My preferred trade will be call options
expiring in late January or February.
( This is a triple-leveraged natural gas play with
the upcoming winter heating season expected to be
expensive especially in Europe. The inverse is KOLD
which would be a good put option right now.)
BBOIL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.