chartwatchers
Long

LGCY - Energy stock trade (6)

NASDAQ:LGCY   LEGACY RESERVES INC
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21
696 39
I will post a few interesting energy stocks which I'm trading.
These are not all in trades, but if you buy just 500 or 1000 shares you can make easily 1000-2000 $ in 2-3 weeks.
If oil is making higher high - I think it will make - then these stocks can also skyrocket.

If oil stabilizes between 50-60$ this one will run to 6 $ in one year...

Comment: BOOM !
+22.7%
Comment: +55% in 5 days
Comment: I will take profit on the 50% of LGCY today at 2.02.
We might run for more but 40% for one day is more than enough.

I will ride the bull with the rest of the position (50%)
Comment: Selling the other 50% of the position at 2.80.
I will reopen if we have a pullback.
Comment: 410% from 0.78.
Comment: We jumped out near the top. I'm moving the capital into VALE and CLF.
Comment: Mad runner. Unstoppable.
Legacy reported last night that they earned 1,47 per share - forecast was -0,67 per share. Hope that we are going to rally today cause of that. Also the pullback bounced at the 20EMA with a nice volume

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It should rally strongly without the good news...
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Watching the pullback on this one..
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3,1:1 might sell 50 % at 5:1,
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I would set now previous highs like 4.65 or 5.30.
It's almost in 600%.
We almost hit the colonizers' profit margin in the1500s in America...
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kizly chartwatchers
Agree.Thanks a lot for Ideas and charts. Like your trading style a lot. Technical ananlysis but combined with a lot of global understanding how the things work. Thanks!
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Super stock. The best is that mangement has full hands of stocks and cash flow situation seems possible to master with prices above 40-45$. I will hold this one till 10:1. With risk to loose everything.
Rgds
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Thats also a good trading plan.
For this sit and hold strategy I have ERX in the energy trade.
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this has been AWESOME...
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Yes...
Should have bought more 2 weeks ago...
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