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ProShares Ultra Bloomberg Crude Oil (UCO)

NYSE
Currency in USD
Disclaimer
33.05
+0.64(+1.98%)
Real-time Data

UCO Comments

think crude just broke out from a 6-week consolidation, might touch $49 in short term XD
hopefully! UCO might touch $37-$40 if that happens
 also means traffic jam is coming back :/
think crude just broke out from a 6-week consolidation XD might touch $48 in short term
35$ soon
API report today @ 330INV GAS -3,611 MLN BRLS: APIINV DIS +3,030 MLN BRLS: APIINV CRUD -8,322 MLN BRLS: API
this etf is **** ive been long since 20 dollar crude and making no money on it
That sounds like a problem with you, not the ETF
rev split screwed me....im way loooong on this now
 I hold UCO for more than two years, I was hoping it would rocket to sky!
API: CRUDE +2M, DISTILLATE -0.85MGASOLINE -1.8
Buy now target is 31.80
Buy target is 29.24
only sell no buy in pre market uco
should be $28.72 currently, carefull lol
Definitely a lot of potential during the Covid recovery but NOT EVEN CLOSE to the potential of HOU (Canadian Crude Oil ETF), (52 week high: $1440, current value: about $14), check it out, invest, and spread the word!
uco did an inverse split so 1440 is impossible
 If UCO lost as oil lost value, doesn't that imply that if oil recovers from its losses UCO will have enormous price gain and split? $1,400 at 10 shares = $14 at 1,000 shares
sell some at 30?
will this go down to 20 this week 🤔
Agree 👍🏻
or not :)
Promise?
I got in at 27.5 !! U think i should save myself and get out or wait???
Going down..buy the SCO right away. thank me later.
Wait. Sooner or later, Corona virus will be over and airlines will fly again and Cruse ships will sail again.
At the end of this pandemic. This ETF will be a big winner. Be patient. Buy and hold. That's what I am doing since mid May
Guys i could learn something from this market ( nothing is sustainable as fed and gov said before month that we will witness recovery at end of 2020 then oil airline stocks soared then they shocked us with same tools that corona will come stronger with second wave therefore recovery wont happen as what we expected ( so next news will be totally opposite and lot of hopes so be ready to buy to get into new game)
corona virus is a market strategy to bring down the market. Now there is a west nile virus... next what? apocalypse?
what could be the diewn side support today?
Why are we down so much after hours today?
I am out at 29,4 and today clearky is bearish control day i may back at 25,5
trying to figure out what UCO will be at 60 per barrel..
$57, give or take $2
does anyone know the formula for UCO to caluclate the price of oil and the price of UCO?
Mostly 2 times or 1.5
 But thats from Index... Meaning, 2 times from index, but formula from SubIndex to Crude..
ah ok bro sorry i thought movment percent
Thank you Fahad, I am thinking a little more bullish, I say uco goes another 40%+ by the end of June.
You welcome 🙏let us hope that crude does not to break down 38 level ( if we could break 40 for crude surely will see uco makes its run )
yes but if you are daily trader you have to be out today and watch for better price
As i told techincally we had to get back to arra of 27 but good now we are still above 28 ( it looks we are making base now at 28 we may test in two days 29,5
 I think the market likely over-adjusted so we will have a short period of not enough supply, + the summer factor, it's very possible that we see $50 crude in the next month
yes i totally with you about the fact of market will be shotrage because of rig count fall hope new figures will release soon with less number means demand is there coming up and then eventually price will go up
 hoping for a scenario which we see hyper-inflated crude price XD just like late April when we saw negative price (market adjustment always lag a little bit)
I think it has the potential to go to the 200s, what do you guys think?
You know after what we faced from market nothing impoosible but it is very unlikely we cab see this level anytime soon ( you know still we are under pressure corona some say demand start to recover so logically crude will fo up and uco with it but believe me no one knows what kind of news is coming out soon ( inventory release i hope rigs count will be down : and demand is there then more push up to oil atless let us hope above 40$ ( i am planning to sell uco at 33 or 35 ( then when it pull back to former resistance level of 29 i buy there again ( i guess buy and hold strayegy not good choice this days)
it was split
 1 for 25 reverse split on 4/21/20
Today gonna be a 10% bull + day for $UCO. Mark my words, it's already too late to buy for today. If you don't understand how oil ETF's work, and why this one is so low compared to a year ago, you probably shouldn't be investing.
Except for this Saudi curveball first thing in the morning.
  it's up 10%? no?
All ETF’s lose. Short them.
I will bet you you entire position that today it starts off 10%+
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