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UVXY - Bull Flag

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ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)  
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AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Harmonic Patterns Technical Indicators Beyond Technical Analysis UVXY bullflags
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harmonicpatterns indicator beyondta uvxy bullflags
UXVY - 2 hour chart showing the last several months of action.

Wave structure, volume profile, and harmonics appear to support more up in the near term for UXVY with a potential bull flag print last week.

Price is currently resting on support from last run-up/sell off in Nov and Dec 2021.

Looking for upper fib test and perhaps more into next week. Currently long weekly $20 calls.

Not financial advice.
Komen:
Should have bought puts! Will reload calls soon.
Penafian

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