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chartwatchers
Apr 12, 2016 5:06 PM

Trade Idea - Atlas Resource Partners Long

Description

It is still "sleeping" while the others are running.
Last time - a month ago - it made 100% in one day.
I think it's a decent chance to run to 1.60 tomorrow.

There is no guarantee but the risk is low...

Comment

I know it's frustrating that this stock doesn't want to rally.
Oil has at least 4 weeks to rally ( maybe 6) so sooner or later we will see the price above 1$.
I'm waiting patiently.

Comment

It seems to be starting finally.
Comments
chartwatchers
Comparing REXX and ARP.
A month ago REXX was faster a than ARP also.
THe same thing is happening now
tradingview.com/x/C9h7z32M/.
One or two days. And I will post:
BOOM !
AL_G2
great work especially when it's backed up with evidence of charts
chartwatchers
If oil stays here it will pop up tomorrow or Thursday.
AL_G2
do you have a website, twitter or blog
chartwatchers
Website under construction.
I will add my twitter it will be easier to post the trades in real time.
matchpilot
I like this trade idea! Did you go long yet?
Is it a good idea to enter a limit above it's current price? Right now it's 0.79 so would it be wise to set a limit at 0.85 when entering?
chartwatchers
I've entered today.That is also a possibility . To enter when it breaks out.
It will make a big pop...
matchpilot
I think I'll try to set a limit at 0.85 since it looks like it might be trying to form a double bottom before the spike.
TheFXNow
Any update on this? Iv been holding patiently haha
chartwatchers
When oil starts to rally to (hopefully this week) 50$. THat will be the chance for ARP to pop.
I still have this one also.. We need just one big day...
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