Overview:
Current Trend:
Trade Plan:
- 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
- Initial $25.77
- Trailing to low of previous day
- 2:1
- My trading plan dictates that this is my minimum ratio
Not investment advice. Thinking out loud in a crowded room. - Sell 100% of position at $30.00
Note
Closed at resistance line. Added to watchlist for tomorrowOrder cancelled
Rotated back to watchlist
Checkout my free weekly market updates on substack!
ronaldryninger.substack.com
ronaldryninger.substack.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Checkout my free weekly market updates on substack!
ronaldryninger.substack.com
ronaldryninger.substack.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.