AMEX:GUSH   Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
GUSH has the potential of falling hard due to it being leveraged. Covid cases are also rising like crazy, yesterday was the day with the highest reported cases, and with the reopening of many states, this could cause another lockdown, which would hurt oil, and cause GUSH to crash. It is also being pushed down by its MA, which would not be hard to break, but it will still cause the stock to fall a little. Overall, I think GUSH may crash to its bottom supports, which will be an amazing spot to pick it up.

If you find my ideas helpful, please give me a like and a follow. Thanks!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.