Possible BOIL Cup and Handle in formation ENERGY PLAY LONG

168
BOIL could be setting up a long continuation trade

Now working on the handle. MACD shows the lines crossed

while under the histogram is very often an excellent sign.

Time will tell- My preferred trade will be call options

expiring in late January or February.

( This is a triple-leveraged natural gas play with
the upcoming winter heating season expected to be
expensive especially in Europe. The inverse is KOLD
which would be a good put option right now.)

BOIL

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