Fibergeek

2017-12-01 - Sanchez Energy - Go Long if you are not already

Long
NYSE:SN   None
Today, the stock finally broke out of the range with a strong close at 5.60 USD.

I've drawn my trendline on the weekly, I expect the trend to continue slowly.
Let's hope it holds.

On the 26 October we had a nice new line, which I believe to be the final one and a nice Wyckoff spring .

Anyways, I will trade this long term without a stop-loss as I believe the stock to be high undervalued (sector related).