The Hard Boiled BOIL Bulls could catch a breakWho says you can't chart 3X leverage?
Got a nice down channel here and about to hit the bottom of the channel.
4.20 at the end of next week would be a nice price.
That would be over a 96% drop from the top. Interestingly, the previous peaks in Nov 2018 and Feb 2014 dropped just over 96% before touching the channel bottom.
Could overshoot below since it overshot out at the top.
Also could bounce early like that small bounce in Dec 2015, before tanking lower and tapping the channel.
Lots of breakout potential in the RSI.
Feeling like there's going to be some crazy times ahead... if things aren't crazy enough.
