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JamesMBee

NRGD, bouncing off 10 day

Long
MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (AMEX:NRGD)  
JamesMBee  
AMEX:NRGD   MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN
Beyond Technical Analysis
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beyondta
NRGD can make huge moves, the sector has been extremely strong for the past year by holding near the top of its range (most things havent done that)

In bear markets, everything falls, and typically oil stocks get absolutely hammered. ''08.. ''20.. As a result this has the potential to be a great trade.

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