Re- entered WEAT on todays soft close above my ema's
Concerns here would be some gap risk but we do see some nice range contraction on chart and I think that the tape is probably on our side here , saw some pretty massive level 2 time and sales actions before the fed announced today on my related holds (UGA and DBC) that I found very interesting too .
*There was an order for 67 K that stood out on DBC time and sales that stood out pre announcement from fed and a similar one within minutes of that on UGA that was also abnormally large.
Stop :10.49
PT :11.21
going to sell half there at 2R and de risk it if possible .
Concerns here would be some gap risk but we do see some nice range contraction on chart and I think that the tape is probably on our side here , saw some pretty massive level 2 time and sales actions before the fed announced today on my related holds (UGA and DBC) that I found very interesting too .
*There was an order for 67 K that stood out on DBC time and sales that stood out pre announcement from fed and a similar one within minutes of that on UGA that was also abnormally large.
Stop :10.49
PT :11.21
going to sell half there at 2R and de risk it if possible .
Comment:
Weat de risked today , new stop 10.61 on balance .
Trade active:
Sold more shares today at 12.10
Down to 1/3 and plan to run them to a close under 21 Ema
Down to 1/3 and plan to run them to a close under 21 Ema
Trade closed: stop reached:
Out of weat , will watch .. protective stop got me out of balance today
艾力克~