XLE…OXY

XLE… Breaks out to the upside on the monthly maps with a close over 73.30. We’re looking to add to this position with a close over this level.

OXY.. has been a long time favorite to trade. We believe you saw the low in oil as stated yesterday. We are adding this back into the mix with a 3% stop looking to make 15% …a move to retest it’s all time high made May 2 /11 when we sold our longs.

 

This entry was posted in Archive and tagged , , . Bookmark the permalink.