This post was just published on ZYX Buy Change Alert.
This is a high risk high reward trade suitable only for very aggressive traders. This is a trade not an investment.
After release of DOE inventory data, natural gas for the first time in a long time, has raised its head over $3 on a massive short squeeze. This short squeeze may carry further. However, there is simply a lot more natural gas supply than the demand.
Caution: DGAZ is an inverse triple leveraged ETF. For this reason keep the quantities to one-third of what you normal risk tolerance allows.
Buy zone is $4. to $4.93. It is trading at $4.88 as of this writing. Consider accumulating up to 20%. Due to high volatility only a mental stop below $3.73. Target zone is $7 to $9.
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