Panjang
WPX long
This energy company:
- ran up from its lows
- consolidated at resistance
- is now breaking out of that consolidation
- is showing a large inverse H&S (parallel with Oil)
Long position from $12.10. 10% stop, a little below $11. I'm a little late from breakout so my risk is slightly higher, but still <1% of account. Already rose to $12.19 as I wrote this.
First target around $15, but most likely will just track the Oil cycle.
My other energy positions (all green) that I neglected to post are
ERF @ 6.82,
CHK @ 5.71,
OAS @ 8.59 & 9.15,
BTE @ 5.12
- ran up from its lows
- consolidated at resistance
- is now breaking out of that consolidation
- is showing a large inverse H&S (parallel with Oil)
Long position from $12.10. 10% stop, a little below $11. I'm a little late from breakout so my risk is slightly higher, but still <1% of account. Already rose to $12.19 as I wrote this.
First target around $15, but most likely will just track the Oil cycle.
My other energy positions (all green) that I neglected to post are
ERF @ 6.82,
CHK @ 5.71,
OAS @ 8.59 & 9.15,
BTE @ 5.12
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.