USO: United States Oil Fund
- Most active strike prices are the weekly 1/10 $13.50-strike calls
- People are betting on USO will break out above $13.50 next two weeks
People are buying on this ETF because of what happened in Iran, crude oil futures, prices, and all else related are due to rising tensions. The assassination of Qassem Soleimani impacted the...
With the majority of future value and sentiment already discounted into today's value of the SPY ETF, I decided it was a great time to trade on this stock. All the other analysts here are convincingly placing a SHORT position on this stock, and rightfully so.
However, I would like to offer an alternative analysis and a more tight timeframe. Here is my...
ACB will definitely be a great stock for a long term hold.
Updates:
- I corrected my earlier mistake of charting on too short of a time frame.
- This chart is for short-term options trading, I am making money on small time intervals, and this is not for those who are swing-trading or long holds.
ANALYSIS:
- For this week, I see a potential dip in the price of...
i saw the green arrows as points of resistance, and its been rallying recently in general, but at those points the price dropped pretty significantly after each test. on the MACD chart u can see the MA flattening out which probably indicates that the bears r going to probably take control. the blue lines show the lines that its been tested at and the first major...
