Crude oil is sliding again and about to break the $40 level. Once it does – lower prices will come with no major support until the $39 level.
That’s great news for your SCO shares. Let’s go ahead and raise your protective sell stop for SCO again, immediately, per the below.
| Cancel and Replace your protective good-till-canceled sell stop on your shares of ProShares UltraShort Bloomberg Crude Oil (SCO) at $104.27. NEW STOP PRICE: $111.54, good till canceled. |
Best wishes,
Larry
