IvanLabrie

PBF: Potential start of the up move here

شراء
IvanLabrie تم تحديثه   
NYSE:PBF   PBF Energy Inc.
PBF has a solid setup here, it's bound to breakout above the highs soon, so we can start buying gradually until it shoots up.

Good luck!

Ivan Labrie.
تعليق:
Tim West has shared this article with me, it's quite relevant: marketrealist.com/20...ad-short-interest-6/
تعليق:
"PBF Energy
Currently, PBF Energy’s (PBF) short interest-to-equity float ratio is 14.3%. One month ago, it was 11.1%. Three months ago, it was 7%.

In the past three months, PBF Energy’s stock has fallen 3.9%, while the short interest-to-equity float ratio rose 104% during the same period. Its net debt-to-EBITDA ratio was 0.5x in 1Q16 and its cash and cash equivalents were $1.4 billion."
تعليق:
From the Key Hidden Levels chatroom:
IvanLabrie
the Gasoline boost helps
this puts us against resistance
تعليق:
IvanLabrie
the short interest can lead to a massive short squeeze
s3.amazonaws.com/tra...shots/p/p5ZAwQxv.png
تعليق:
IvanLabrie
the short interest can lead to a massive short squeeze
s3.amazonaws.com/tra...shots/p/p5ZAwQxv.png
تعليق:
Now we're talking!
تم إغلاق الصفقة يدويًا:
I'm out, waiting to reenter longs, either lower, or higher.
تعليق:
Nice dip to rebuy, I'll buy back gradually over a week from Monday close.
تعليق:
Good progress in the buy. I'm shorting the 30 strike calls, Jan 20 2017 expiry here, we might have hit a wall for a while.
تعليق:
تعليق:
We broke above the earnings level, if we see a daily high above it, on close, we can get rid of the short call and hold longs for more upside!
تعليق:
(and yes, double the position and place a stop at 27.67)
تم إغلاق الصفقة يدويًا:
I sold at 28.96 for now.

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.