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Odds of $USLV closing above 14.00 this week?
Given $USLV is currently trading around 13.92 and has been flirting with the 14.00 resistance all day, what are the community's thoughts on the probability of it closing above that level by Friday? I'm leaning towards a 40% chance, considering the daily range has already touched 14.12, but there's been some resistance at the high end.
1 comments · 4 points
Seems a bit optimistic for a Friday close above 14.00, especially with that resistance building. A brief touch during the day isn't quite the same as holding it at the bell.