USOIL, long idea

2017년 5월 10일

Buying GUSH this morning to play the long on USOIL. Looks like a short term AB=CD pattern in play. $48.73 in USOIL should be the 1st target. On the daily chart %R is rising out of oversold conditions. TSI should cross soon. TSI crossed on the hourly chart.

2017년 5월 10일

노트

Daily chart quite bullish

2017년 5월 12일

노트

OIL continuing to grind higher. Energy stocks aren't keeping up? Set stops in case this reverses.

2017년 5월 17일

노트

Target was hit on the 15th. Im staying in with partial position. GUSH just isn't keeping pace with OIL

2017년 5월 18일

거래청산: 스탑 닿음

With the general markets moving lower, energy stocks are suffering no matter OIL moves higher. UWTI would have been a good trade, GUSH was not. Next time.