Brutal Pullback For UCO

by Olivier on January 27, 2009

Brutal pullback for UCO today. Clearly much more weakness than I was expecting.
I was holding for 15.50 as outlined in my UCO 30 min chart analysis. I should have sold when it was above the 14 level.
Oh well. Hindsight is always 20/20. Let’s see if this pullback is perceived as a great buying opportunity or if the stock is headed to new lows.

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