BOIL is starting to get hot ( 3X Natural Gas ETF)

as shown on the 15 minute chart is rising in an ascending parallel channel and is suitable

for a long buy entry when the indicators are triggered. The onslaught of winter cold, the

sanctions against Russian gas exports and inflationary pressure on commodities all bode well

for the trend up for natural gas on forex and equities markets. See also my idea linked below

for a view of the chart from the 4H time frame.

Trade active

For a longer view on a 4H time frame go to :

BOIL 3X / Triple Leveraged Natural Gas ETF

Note

Stock price did 10% in 3 hrs today 11A-2P EST- it was a nice scalp of both the options
expiring 1/12 and the stock.

Trade active

I am now bearish bias on BOIL
see this link

BOIL vs KOLD Natural Gas Leveraged ETFs : LONG KOLD

Note

BOIL had a nice squeeze pop today. Question is continuation verses fade. Could a classical short squeeze set up? What is the short interest?

Note

Short Interest Volume

Trade closed: target reached

Natural gas prices are now falling again the correction is over.

oilprice.com/Energy/Natural-Gas/Natural-Gas-Price-Drop-Could-Spell-Doom-for-Producers.html

I have reversed my positions overall closing any long trades

AwesomeAvani

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AwesomeAvani