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.)
BOIL
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.)
BOIL
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