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TradeDocta
Mar 21, 2019 6:54 PM

Waiting for a short on XOP using DRIP. long time coming. Short

SPDR S&P Oil & Gas Explor & ProductArca

Description

XOP has been bullish and grinding higher.
Playing consolidation at lower prices via options and DRIP etf.

Trade closed: target reached

Awesome day. position was closed with 10% gain with DRIP. could have held but a target is a target.

Trade closed manually

By the way, it was closed at 51 EMA(red line) and 105 EMA(orange line).
As illustrated in the set-up.
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