/biz/ - Business & Finance

>>55480614
Check Stoch RSI. We are going to 45k the next month.

>>49311414
>>49311430
>>49311431
Imagine if Makima sat on your face and farted as hard as she could. Jesus Christ now that would be the way to go for me

>>11126454

>>11039392
Wtf is this

>Dat Constantinople pump tho

>>11017738

>>10433444

/biz/ we already moved to rank 74! Fucking sick

So, right now, my plan for UWTI is to dollar-cost average $800 starting at what I hope to be $1.375, if not up to $1.4, through four entries. I'm not sure if I want to structure my increments through price or time, however, my target-exit is at $13.75. I would like for DWTI to be trading around $190 when I make my first entry.

I think DWTI is in the middle of a bull-trap which is a characteristic of an economic-bubble. It rose from $20 to $200 in a really short amount of time, which is very standard. (x10 increase) Being that the instrument is an E.T.N., it will fall faster than a normal stock would, and it's return to normal will eventually see the closing of the instrument. (maybe) Due to the forecast of a major fall for DWTI, I think a lot of the money in DWTI will move into UWTI, creating an even faster bubble for UWTI.

Combine the fall of DWTI with the possibility of an interest rate hike, UWTI looks very poised to benefit after tomorrow. The reason I pick $13.75 is because the last time price was trading at that level, there was a gap down that hasn't been filled, along with previous support levels. (even though you may say T.A. is useless for an E.T.N., its price is still influenced by liquidity and supply/demand for the instrument itself.)