Shoutout to my friend Greg Mannarino. I'm fully on board with his views on Crude Oil. I suggest you watch his videos to get a better understanding.
The idea is that the price of crude oil is being propped up for a number of reasons.
I suggest buying UCO, the Bloomberg levered crude stock, in order to maximize return.
Crude WILL pass $62 this week. I want my prediction on the record :)
God himself must have given us this buying opportunity because it's almost too good to be true.
Rinse and repeat every time Crude is under $60.
I want more people to see this so I put it under the USOIL chart, however, this is a UCO buy opportunity.
If you manage to lose money on this play, you should liquidate your account and understand you are not suited for a raging bull market.
Usually, I say "just my opinion", but I am so confident about this that this is advice, not just my thought.
SHORT TERM FYI!!! I am a believer that crude will crash in 2023, but until then, this swing play will and has already brought me some beautiful returns.
The idea is that the price of crude oil is being propped up for a number of reasons.
I suggest buying UCO, the Bloomberg levered crude stock, in order to maximize return.
Crude WILL pass $62 this week. I want my prediction on the record :)
God himself must have given us this buying opportunity because it's almost too good to be true.
Rinse and repeat every time Crude is under $60.
I want more people to see this so I put it under the USOIL chart, however, this is a UCO buy opportunity.
If you manage to lose money on this play, you should liquidate your account and understand you are not suited for a raging bull market.
Usually, I say "just my opinion", but I am so confident about this that this is advice, not just my thought.
SHORT TERM FYI!!! I am a believer that crude will crash in 2023, but until then, this swing play will and has already brought me some beautiful returns.