Yep, good week for DUG, DRIP & ERY. Got stopped out
during that strong bounce after the breakdown out of the diamond,
but re-entered when /CL approached the BO point. I was a bit
cautious as the 9 was poking above the 20, so positions aren't full
size, but still a nice trade. Trimmed up as we neared
previous support but still have a little to run, looking for a
return to the $61.50 area and/or the 200MA.
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Yep, good week for DUG,
XLE Views
Posted by rjdst on 19th of Aug 2021 at 03:40 pm
Yep, good week for DUG, DRIP & ERY. Got stopped out during that strong bounce after the breakdown out of the diamond, but re-entered when /CL approached the BO point. I was a bit cautious as the 9 was poking above the 20, so positions aren't full size, but still a nice trade. Trimmed up as we neared previous support but still have a little to run, looking for a return to the $61.50 area and/or the 200MA.