Overview:
  • SPN pulls ahead of other SP500 categories for YTD returns
  • OXY performing quick second test of resistance

Current Trend:
  • OXY was bearish
  • RSI is rising

Trade Plan:
  • 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
    Risk Reward Ratio:
    • 2:1
    • My trading plan dictates that this is my minimum ratio
    Disclaimer
    Not investment advice. Thinking out loud in a crowded room.
ملاحظة
Closed at resistance line. Added to watchlist for tomorrow
تم حذف الأمر
Rotated back to watchlist
Chart PatternsTechnical IndicatorsTrend Analysis

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