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Ravich000

GUSH looking very weak

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (AMEX:GUSH)  
Ravich000  
AMEX:GUSH   Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
Trend Analysis
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trendanalysis
Despite great TA setup with triple bullish divergence on both oscillators and bounce on the trendline, the chart now looks exceptionally bad as we broke below the trendline and continue building negative momo. Could be a buy opportunity around $40 by end of May if $60 doesn't hold next week.
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