This ETF is making a 4 month high on strong volume, all while crossing its 50 day moving average. When a stock crosses above its 50dma, it is telling me that at least the short term trend is up:
United States Gasoline Fund (UGA)
A few weeks back, I mentioned that Gasoline was outperforming Crude Oil. I still think that this ETF looks bullish, and decided to go long today.
This ETF is making a 4 month high on strong volume, all while crossing its 50 day moving average. When a stock crosses above its 50dma, it is telling me that at least the short term trend is up:
This ETF is making a 4 month high on strong volume, all while crossing its 50 day moving average. When a stock crosses above its 50dma, it is telling me that at least the short term trend is up:
