EGLE showing relative strength

Quarter Positioning 250 USDs
Avg Price: 71.09
Stop: 64.70
Risk: 9%
Stock is showing relative strength vs market and vs other shipping stock. Portfolio today reversed so still playing very very small. Im glad I took profits on my oil stocks at the gap at the open.


Overall exposure: 12.85%

Comment:

Bumping position and moving stop loss to low of the day. 73.70
Bought 103.52@77.34
New Avg Cost: 75.60
New Stop: 73.70
New Risk: 2.5%

Overall exposure now 34.35%

Comment:

Correction: (Treating each trade separately)
Bought 103.52@77.34
Stop: 73.70
Risk: 4.7%

Trade closed: stop reached:

Stopped on first stop but i exited full position.