Looking good..
I am setting my orders for the week. I am going to be buying UVXY.... order is set to expire on Friday. So whenever we hit that magical spot this week... stop? I am sure you can figure that out....
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Just remember, the trendline does not have to play out but you do want to see it hold a higher low.....Anything above the last low is ok... can it break trendline and get into the 13s.. sure. It is still valid there. A trendline is not the be all...
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Order filled at 14.10 ... Ill check back in a few weeks.
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If this were to get into the 13s, I would add on... my stop does not change. (I think you guys can figure out where the stop goes) Once this makes a higher high or I see a confirmation (a snap that I am looking for which we will know by 12:30 EST tomorrow in the indexs) I will add on. And then... seriously, I will check in once a week or so till it reaches my goal.