Saturday, February 28, 2015

UGA is a buy

The United States Gas Fund, UGA, is a buy right now and this has been the case for the past month.  I already hold UGA and I plan to buy more.  The surprise cheap gasoline days are over, and gasoline will probably continue to rise until mid summer.  Take a look at the Yahoo chart of UGA and choose a 20-day EMA line if one is not already there.

You should buy UGA when the stock price just crosses the 20 day EMA line and while the money flow (MFI) is low.  Continue to hold the stock while UGA stays above the 20 day EMA line.  Sell the stock when UGA falls below the EMA line or when summer arrives.


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