UYM - Managing Risk in Proshares Ultra Basic Material UYM by Using Price Action
The #priceactio n in Proshares Ultra Basic Material (NYSE: UYM) can help investors find #opportunity and integrate #riskmanagement tools . Stock Traders Daily has demonstrated that in this article. Review The plans for UYM below, and you will see how this works. Keep in mind, this data is current, but it is not real time. If you want a real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Strong | |||
| Strong | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 87.03 | |||
| P2 | |||
| 103.87 | |||
| 103.35 | |||
| 94.25 | |||
| P3 | |||
| 107.98 | |||
| 107.44 | |||
| 101.84 |
Longer Term Trading Plans for UYM
May 29, 2021, 4:00 pm ET
UYM - (Long) Support Plan
Buy over 101.84 target n/a stop loss @ 101.55.
UYM - (Short) Resistance Plan
NONE .