USEI has been in a down trend. Its making lower lows and made a low of .0021 July 16,2014 on much higher then average volume. It has rebounded today and is up %18.00 possible some short covering. I would keep my stop tight and the potential on the downside to make lower lows should make this trade viable.
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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.