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Bullboard - Stock Discussion Forum BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HZOZF | HROZF

HOU¿s investment objective is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.

TSX:HOU - Post Discussion

BetaPro Crude Oil Leveraged Daily Bull ETF > Technicals still pointing down also. Not even a buy at $1
View:
Post by valmeidan on Apr 23, 2020 1:39pm

Technicals still pointing down also. Not even a buy at $1

Macd is still coming own since Apr 9th, stochastics have not crossed over . Still lower as per my call two days ago. I understand this stock is pretty much pure manipulation past few days to make money on the swings, and technicals may not apply to some people, however, they are tracking and from what I can still it is coming down further. Mat is right on this. I do not think even $1 is a buy in .
Comment by BalanceSheetGuy on Apr 23, 2020 1:51pm
Yes, stochastics have crossed over. MACD is a little stubborn....most likely will cross early next week .
Comment by Mat1791 on Apr 23, 2020 1:55pm
Really, techinical analysis on a broken instrument??? Here is the mat1791 MACD, 20DMA, blah, blah. indicator - going to NAV.
Comment by gashole on Apr 23, 2020 1:58pm
Exactly I completely disagree with technical analysis on this and with regards to my last comment saying it was messed up I was basically saying that yes it is broken obviously... I was wondering if it's still messed up with regards to valuation and oil going negative on Monday.
Comment by Mat1791 on Apr 23, 2020 2:02pm
Yep, stil very very broken
Comment by BalanceSheetGuy on Apr 23, 2020 1:59pm
Ok.....lmao.
Comment by Mat1791 on Apr 23, 2020 2:01pm
Not trying to be mean, just trying to lighten up the mood...
Comment by BalanceSheetGuy on Apr 23, 2020 2:02pm
Understood 
Comment by valmeidan on Apr 23, 2020 2:16pm
Stochastics has not crossed over on the daily charts, and yes MACD is still trending down. Iagree that it may cross over and be on an uptrend maybe next week. As for those not follwing tecnicals great, it may be because you do not understand them, which is fine you can follow news and NAV  or whatever other webisite or dart board you may be using, or base your decision on people giving random ...more  
Comment by Mat1791 on Apr 23, 2020 2:24pm
Sorry, this is broken and if your techs are lining up, its pure coincidence. If this was working, HOU would have been up double digits today.. You can't trust this when it no longer trades on it's assets. It would be like you looking at the technicals for Apple but trading Nike...
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