USOIL, Trade idea

30 במאי 2017

USOIL, looks to be starting final leg down. I can see a three drive to a bottom trade, with a low near $42. Enter short with DWT, DRIP or similar.

2 ביוני 2017

הערה

USOIL still on track for lower prices. On day 19 there is still plenty of cycle time to go lower to target. %R is getting into oversold, BUT it can remain there for some time.

5 ביוני 2017

הערה

Moving as planned.

7 ביוני 2017

עסקה סגורה: הגיע לסטופ

I closed my position in DRIP Yesterday manually as things started moving against me.

14 ביוני 2017

הערה

With support broken, this could fall all the way to the $43 area.

19 ביוני 2017

הערה

Support has become resistance. Bear flag forming final push down to $43 soon.

28 ביוני 2017

הערה

Flipped long at $43, now trending higher. Expecting to reach $49. 3 drive pattern.