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chartwatchers
Apr 6, 2016 8:50 PM

LGCY - Energy stock trade (6) Long

Description

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%

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+55% in 5 days

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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%)

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Selling the other 50% of the position at 2.80.
I will reopen if we have a pullback.

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410% from 0.78.

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We jumped out near the top. I'm moving the capital into VALE and CLF.

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Mad runner. Unstoppable.
Comments
nexuz
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

chartwatchers
It should rally strongly without the good news...
dimitriosb602
Watching the pullback on this one..
kizly
3,1:1 might sell 50 % at 5:1,
chartwatchers
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...
kizly
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!
kizly
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
chartwatchers
Thats also a good trading plan.
For this sit and hold strategy I have ERX in the energy trade.
webmiztriz
this has been AWESOME...
chartwatchers
Yes...
Should have bought more 2 weeks ago...
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