glennmercer
Long

Long BCEI: Bat complete at Triangle Completion

NYSE:BCEI   BONANZA CREEK ENERGY INC
Bullish bat complete at point E of a triangle continuation. Entry is placed at point E of triangle with SL below point C (invalidation level). Two targets can be taken, one at the weekly pivot which is confluent with .5CD and another at the top of the triangle thrust around 3.75.
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