BOIL setting up for nice bounceBreaking local trend resistance and bouncing from rsi support, push to 7.28-10.28 is possible short-mid term goodluck, boost and follow for more! Longby Vibranium_Capital2219
BOIL | It's Finally Time! | LONGThe fund seeks to meet its investment objective by investing normally in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies (e.g., natural disaster, terrorist attack, or an act of God) or disruptions (e.g., a trading halt or a flash crash) or in situations where the Sponsor deems it impractical or inadvisable to buy or sell futures contracts (such as during periods of market volatility or illiquidity).Longby DivergenceSeeker4426
$Boil looking good for short rallyShould open around 8 to 8+ could be short lived rally. by tradingbulls2110
BOILMight be bottomed here, mothly stoch rsi shows weakness. Would say DCA down to $5 to catch this monster move.by Big_Mike716888
BOILAMEX:BOIL Lot of gaps to fill up to. Levels marked on the chart 10.5-11 on the breakout, extreme upside can be towards 1-Lets see if the cold really doesnt bother it anymore :)by subhan301
Long Position Taken BOILToday starting a swing position 50/50 split of stock and call options BOIL C 03FEB23 9.5Longby KML6Updated 3
BOIL long hereGas etn getting smoked over the last couple months and I think its reversal time. ABC correction just completed and I think we begin the move back up. Long target is $42.84. Options markets saw opening orders on $8c expiring tomorrow and $7c 6/16/2023. Both of these orders are openings orders with short sale restrictions. I think its bull timeLongby poggo_441
BOIL BULL NenStar 300% potentialBOIL has entered a bullish NenStar harmonic pattern. Phoenix and Stochastic VX3 indicators in highly oversold range. Trade to pt1 is 7.7 Risk/Reward ratio, with 300% potential. Longby wormmaster2021Updated 121220
Playing for a bounce in natural gas prices.The decline in natural gas prices looks overdone to me. We've had a warmer than average winter across much of the globe pushing prices down, but I think prices look ripe for a bounce. Using the ProShares Ultra Bloomberg Natural Gas ETF, BOIL I'm going long here. BOIL does issue a K1 so I'm buying call options to avoid having to deal with the K1 at tax time. Going long the March $13 strike for a price of $3.10.Longby The_Pain_TradeUpdated 997
BOIL long from 12 multi targetsI bought BOIL at 12 and will sell 45% at 15, 40% at 18, the remaining 15% at 24. Natural gas charts are clearly screaming for a bounce and fundamentals are still strong as a big natural gas chunks are burned everyday by Russia and therefore taken out of the market, Russia is building infrastructure to deliver the gas to China but that will take years to build. Note: This is not financial advice, consult your financial advisor.Longby Mario_D_227
neutral --bi-weekly candles Hi, weekly candles are good and monthly candles are also good but would like to see bi-weekly candles as a choice for price as that is longer than a week and shorter than a month as that would print 26 bi weekly candles on a chart equal to one year. where a weekly chart prints 52 candles and a monthly chart prints 12 candles. Thxs Mikeby mmccall1211
BOIL short term bounceTesting $20 support. May experience a short term bounce in the near future owing to Europe/Russia stand-off.Longby severu0033
BOIL Analysis and PredictionGreat long term entry area for the next 90 days. Possible lower low before retracing up. Longby jtpavich442
$BOIL WeeklyFalling wedge, Daily Bullish hammer with continuation inverted hammer, weekly bullish hammer needing continuation with higher lows. Monthly looks like an inverted Head and shoulders with a back test of neckline. Watching for this to hold or nulify's RSI creating bullish divergence at 42.62 on monthly Williams %D in over sold territory at 14.14 but has gone lower <--- 18.62 as low target if break down for gap fill on daily. Longby TradeThatSetup1
Possible BOIL Cup and Handle in formation ENERGY PLAY LONGBOIL 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.) AMEX:BOILLongby AwesomeAvani1
Ascending TriangleAlmost a rectangle but slightly higher lows noted. Possible stop below 31 if long. Possible stop above 42.90 if short. Neutral until broken. No recommendation/Prior head and shoulders . Leveraged. This Commodity-related product may carry a high level of risk and is not suitable for all investors. Commodity-related products may be extremely volatile, illiquid and can be significantly affected by underlying commodity prices. Investments in commodity-related products may subject the fund to significantly greater volatility than investments in traditional securities and involve substantial risks, including risk of loss of a significant portion of their principal value. Learn more. (DO848) 2. Leveraged and inverse Exchange Traded Products (ETPs), inclusive of ETFs and ETNs, are not generally intended for long term investing. Learn more about Leveraged and Inverse ETPs, as they usually carry higher maintenance requirements.by lauraleaUpdated 6
Long boilI don’t know anything about natural gas but I took a small position on this because technicals look so good. Crazy accumulation, high volume at support, 200 day about to cross 200 week, price structure like back in prior runs Longby Okbronpbro6
RectangleBouncing in a rectangle. Bound by trendlines. Lots of room. No recommendation but always on my mind (o:" Leveraged/ProShares Trust II - ProShares Ultra Bloomberg Natural Gas is an exchange traded fund launched by ProShare Capital Management LLC. The fund is co-managed by ProFund Advisors LLC and ProShare Advisors LLC. The fund invests in the commodity markets. It takes long positions and uses derivatives to invest in natural gas sector. It uses derivatives such as futures to create its portfolio. The fund seeks to track 2x the daily performance of the Bloomberg Natural Gas Subindex. ProShares Trust II - ProShares Ultra Bloomberg Natural Gas was formed on October 4, 2011 and is domiciled in the United States. The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the performance of the Bloomberg Natural Gas SubindexSM for a single day. The fund seeks to meet its investment objective by investing normally in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies (e.g., natural disaster, terrorist attack, or an act of God) or disruptions (e.g., a trading halt or a flash crash) or in situations where the Sponsor deems it impractical or inadvisable to buy or sell futures contracts (such as during periods of market volatility or illiquidity). Benchmark: Bloomberg Sub Natural Gas TR USDby lauraleaUpdated 5
BOIL | Winter is Coming | Nat Gas ETFThe fund seeks to meet its investment objective by investing normally in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies (e.g., natural disaster, terrorist attack, or an act of God) or disruptions (e.g., a trading halt or a flash crash) or in situations where the Sponsor deems it impractical or inadvisable to buy or sell futures contracts (such as during periods of market volatility or illiquidity).Longby DivergenceSeeker116
BOIL option play off Natural Gas NG1! rallyI expect NG to rally off the lower trend line of the pennant and go to at least the $8.47 liquidity zone. This is not purely a technical play as it is the season to expect increases in gas consumption/demand. Technically all the signs of a rally are present. The Weis waves for supply are decreasing and demand is increasing. The accumulation/distribution line has turned up. There is an increase in volume associated with the buys sufficient to build momentum to cross the creek/ break through the upper trend line . My target for NG is based on the liquidity left there from the last swings. My first target for Natural Gas is $7.50. Second is $7.72. The trade will be invalidated south of the lower pennant trend line so a 'stop' placed there. I am playing this long with October call options in BOIL While I am purchasing BOIL and not NG , my stop will be triggered by NG quote trigger - crossing 5 cents under the low of 9/26 at $6.72. It is possible there will be a shakeout/ spring /liquidity grab before the real move so cannot set stop too tight. This is what I see in NG1!: My play is options. Aiming for a home run on this. It is possible that both NG and BOIL will bounce off the targets the first time, so if you copy the naked option play the perfect play sells the calls on the pullback and buys back lower. But be careful being greedy! :) Longby offroverUpdated 227
$BOIL Nat Gas play scaling inBOIL is a very volatile ticker that follows NG Natural Gas Futures Scaling into CSPs ( cash secured puts) OCT 45P trading at $4.90 here . Used some of this premium to buy OCT $80 calls at 3.65 A bit of knife catching and mean reversion speculating here If we get one more flush, will do final scale in . I'm comfortable to roll or even be assigned shares as there are juicy premiums ! Higher risk trade idea, playing with profits !Longby FriscoTrades1
BOIL beginning a round bottom reversal LONGAMEX:BOIL BOIL a triple leveraged ETF based on natural gas as a commodity and its futures on the 15-minute chart has begun a round bottom reversal into an uptrend. The AO / Candle indicator confirms this as does the curve of the accumulation /distribution indicator. Fundamentally, natural gas price is rising especially with the DXY dollar value in a mild correction. Winter heating season is upcoming and the energy crisis in Europe accelerating with Russia shutting down ( for now only ?) its remaining active pipeline. Right now long BOIL looks to be an excellent setup.Longby AwesomeAvani1