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BETAPRO CRDE OIL INV LEV DLY BR ETF SHS NEW (POST REV SPLIT)BETAPRO CRDE OIL INV LEV DLY BR ETF SHS NEW (POST REV SPLIT)BETAPRO CRDE OIL INV LEV DLY BR ETF SHS NEW (POST REV SPLIT)

BETAPRO CRDE OIL INV LEV DLY BR ETF SHS NEW (POST REV SPLIT)

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HOD trade ideas

HOD (oil falling price)hey everyone, I'm posting first time for the Canadian stock etf - ""this is inversely proportional to WTI/USoil"".... When US OIL price falls, the HOD price increase for past few week, the price show a bullish move from 8.39 to 13.84 approx... this coming week the price is pulling back to support around 10.21 (at support trend line)... at this point if the price breaks the support then the trend will be straight and price will fall below $9. If not then price will likely go above $13... However, there is a head and shoulder that can possibly form.. Since price made higher high that why the price could high low but anything can happen good luck
TSX:HODLong
by baigxy
HOD: Historical movement to be expectedWe can see an inverse proportinality of interest rate vs HOD, and we are witnessing a historically low level of the HOD price now. In the past 8 years, we have witnessed noticeable MACD signs followed by a huge upward movement up to 800% gain. We should closely look at the interest rate trend and MACD - I am not saying now is the best time to be in, but sooner or later there will be a big movement. Once you confirm the interest rate going down (watch FRB!!) and a MACD signal, it may be the very best opportunity to be in this ticker. #DRIP #KOLD and #HND are other options to consider. Good luck with your trade.
TSX:HODLong
by Tomatrader-X