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UVXY - Likely to squeeze ahead

Long
ProShares Trust Ultra VIX Short Term Futures ETF (BATS:UVXY)  
CheelooTrader  
BATS:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Chart Patterns Trend Analysis
1
0
chartpattern trendanalysis

  1. 3D chart got bid into the demand at 16 and has good volume to break out.
  2. Base here and hold above 17 likely tests 24 in a squeeze mode.
  3. Being volatility index, be sure to take profit at every resistance and manage risk. Stay away if you haven't traded it in the past.
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