Tag Archives: OXY
Time Frame Trading
You have a double bottom in the Spu @ 1332 matching a very big level in OXY of 105.44….These need sustained price action back under to follow through, don’t get caught short in the hole. The end of this directional … Continue reading
A.M. Look 5/2/11
Early Hong Kong had the Silver touching the area we wrote as the low risk buy zone last Wednesday. This will now turn into a huge short term technical trade. We will send out a piece on this later today. … Continue reading
Risk OFF?
$111.10 Crude is the closing level to watch. A close below this level and we’ll liquidate the rest of our long DIG position. That goes for OXY as well. Silver..46.355 would not be an unexpected print today. A close below … Continue reading
4/25/11
Let’s start where we left off.. April 15, 2011 9:46:16 AM CDT DIG…The real stop for this Etf is 55.40, however those that do not wish to risk that much can use 56.20 close. You should take 2/3 rds of … Continue reading
OCO’s
DIG…The real stop for this Etf is 55.40, however those that do not wish to risk that much can use 56.20 close. You should take 2/3 rds of your profit between 59.15-35. As always keep adjusting your order sizes as … Continue reading
GDXJ…OXY…SPU/BONDS…CAD/JPY
I am liking today’s low in OXY and the Junior Miners for a trade. The stop is just below today’s low in both. I have not calculated a potential upside but at least I do have the stop for any … Continue reading
Crude….OXY
Oxy has reached Dr. Nenner’s first upside price tgt of 97. March Crude is within 20 cents of a major technical area around 92.65. Price rejection from this level could lead to a possible head & shoulders top formation on … Continue reading