SCO NEWS why is Ultrashort Dj-ubs Crude Oil Proshares price falling or rising

SCO NEWS reasons for why stock price of Ultrashort Dj-ubs Crude Oil Proshares is falling or rising

SCO Ultrashort Dj is falling or rising technical reasons

Technical analysis forecast of Ultrashort Dj Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Ultrashort Dj SCO at this time. Stock is rising and might rise more.

It appears as if Ultrashort Dj SCO gave a large move recently.

Stock of Ultrashort Dj (SCO) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Ultrashort Dj is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 16.9 as stoploss in an intra day sell trade for a target of 16.42. However, stock will show a bullish move above 16.9.

SCO Ultrashort Dj is falling or rising NEWS fundamental reasons

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SCO Ultrashort Dj-ubs Crude Oil Proshares current price & indicator signals