Comments on: XOP GUSH Trade Setup https://rightsideofthechart.com/xop-gush-trade-setup/ Stock Trading, Investing & Market Analysis Thu, 09 Mar 2017 02:19:50 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/xop-gush-trade-setup/#comment-1459 Tue, 03 May 2016 15:04:11 +0000 http://rightsideofthechart.com/?p=171121#comment-1459 In reply to Teeps01.

@Teeps01 – Yes, my preferred swing target for the GUSH short is the 31.70 support level on XOP (covering GUSH when XOP is slightly above that support level).

]]> By: Teeps01 https://rightsideofthechart.com/xop-gush-trade-setup/#comment-1458 Tue, 03 May 2016 14:28:28 +0000 http://rightsideofthechart.com/?p=171121#comment-1458 Hi Randy

Nice gap down on XOP today. If we were to reach 32.30 in the coming days, based on your experience, would we bounce there & if so do you have any bounce targets in mind?

Thanks

]]> By: GetItRiight https://rightsideofthechart.com/xop-gush-trade-setup/#comment-1450 Fri, 29 Apr 2016 19:48:53 +0000 http://rightsideofthechart.com/?p=171121#comment-1450 What’s the suggested stop on this? It looks like for the end of day, it wanted to retest the trendline again.

]]> By: rsotc https://rightsideofthechart.com/xop-gush-trade-setup/#comment-1449 Fri, 29 Apr 2016 19:42:52 +0000 http://rightsideofthechart.com/?p=171121#comment-1449 In reply to jackduffy11.

jack- Here are the leveraged ETFs for the Oil & Gas Exploration & Production Sector. Not sure if there is a 1x (non-leveraged) short etf:

UOP: 2x bullish/long
SOP: 2x bearish/short
GUSH: 3x bullish/long
DRIP: 3x bearish/short

]]> By: jackduffy11 https://rightsideofthechart.com/xop-gush-trade-setup/#comment-1447 Fri, 29 Apr 2016 15:07:40 +0000 http://rightsideofthechart.com/?p=171121#comment-1447 Is there inverse etf for XOP ?

]]> By: alphahunt https://rightsideofthechart.com/xop-gush-trade-setup/#comment-1446 Fri, 29 Apr 2016 15:06:36 +0000 http://rightsideofthechart.com/?p=171121#comment-1446 Use DRIP (Direxion Daily S&P Oil & Gas Exploration & Production Bear 3X Shares) for folks who dont have a margin account. Low liquidity but dont think it will be an issue for most folks here.

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