BOIL Leverage 3X Natural Gas ETF Cup and Handle LONG

BOIL

BOIL is showing a cup and handle pattern at present

lending increased probability of a bullish continuation

that could yield a 50% price rise over the 45-day width of

the cup. Macro and fundamental factors support ongoing

natural gas price escalations including the supply issues

in Europe, the heat wave from climate change causing

and so on. The cup and handle on a relatively long time

frame increases both its reliability and the time period

for which the pattern to play out.