United States 3x Oil Fund (NYSEARCA:USOU) Shares Up 1.7% – Still a Buy?

United States 3x Oil Fund (NYSEARCA:USOUGet Free Report)’s share price rose 1.7% during trading on Tuesday . The company traded as high as $23.90 and last traded at $23.27. Approximately 93,800 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 125,782 shares. The stock had previously closed at $22.89.

United States 3x Oil Fund Price Performance

The business’s 50-day moving average price is $23.27 and its 200 day moving average price is $23.27.

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