Overview:
- SPN pulls ahead of other SP500 categories for YTD returns
- OXY performing quick second test of resistance
- OXY was bearish
- RSI is rising
- Enter OXY at end of day (5/5) if above resistance line
- If fails to break resistance put back on watchlist
Target Profit:
- Sell 100% of position at $30.00
Stop Loss:
- Initial $25.77
- Trailing to low of previous day
- 2:1
- My trading plan dictates that this is my minimum ratio
Disclaimer
Not investment advice. Thinking out loud in a crowded room. - Initial $25.77
Comment:
Closed at resistance line. Added to watchlist for tomorrow
Order cancelled:
Rotated back to watchlist
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