lukelehepuu
Short

APC Stock Short

NYSE:APC   ANADARKO PETROLEUM CORP
Ticker: APC            
Direction: SHORT
Entry Price: 52.32
Current Price: 47.02

Description of Chart:
Entered this as we were starting to get into some resistance, the downward sloping trendline (blue) and a price level at 52.32. Not to mention the 200MA on the 1D chart was coming into play. We broke above the blue downward trendline and ended up falling short of the 200MA. Now we are testing the 50MA and the upward trendline in blue that started in around January time. Looking to stay short to try and get a break of the trendline .

You can view all of my charts on my website if you are interested in a certain product. I also run a PAMM account that you can join.
Website: http://www.lukelehepuu.com
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