jangseohee
Short

Swing trade based on Moving Average

AMEX:XOP   SPDR S&P OIL & GAS EXPLOR & PRODUCT
124 0 2
2 days ago, when price was rejected by downslope of 20 EMA , my short position at 74.5 was triggered. Stop loss at 75.4 where there was a minor resistance.
Seems like a variant evening started at 200EMA level but price closed below 200EMA with increasing volume .
Profit target will be 70 which coincide again with the S/R zone between Mar-Apr
This SPDR S&P             Oil             & Gas ETF is reflected in the movement of stocks like XOM             , CVX             , etc
And it is a BIG head & shoulder pattern from april until yesterday!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out