Crude is a BUY Shoutout to my friend Greg Mannarino. I'm fully on board with his views on Crude Oil. I suggest you watch his videos to get a better understanding.
The idea is that the price of crude oil is being propped up for a number of reasons.
I suggest buying UCO, the Bloomberg levered crude stock, in order to maximize return.
Crude WILL pass $62 this week. I want my prediction on the record :)
God himself must have given us this buying opportunity because it's almost too good to be true.
Rinse and repeat every time Crude is under $60.
I want more people to see this so I put it under the USOIL chart, however, this is a UCO buy opportunity.
If you manage to lose money on this play, you should liquidate your account and understand you are not suited for a raging bull market.
Usually, I say "just my opinion", but I am so confident about this that this is advice, not just my thought.
SHORT TERM FYI!!! I am a believer that crude will crash in 2023, but until then, this swing play will and has already brought me some beautiful returns.
