PBA
Energy has not been the best performing sector recently. However, the Oil & Gas Midstream still looks decent. PBA is one of the stocks from that industry that has a nice-looking chart.
Trade characteristics:
Other interesting setups from the energy sector (but different industries) are: XOM, CVE, SU.
Energy has not been the best performing sector recently. However, the Oil & Gas Midstream still looks decent. PBA is one of the stocks from that industry that has a nice-looking chart.
Trade characteristics:
- it's right on the long-term resistance that was broken and the price now clusters around it
- volume has been declining steadily, picked up 14th Apr
- the price is above all key VWAPs
- if the former resistance / new support holds, there is a potential for a high move
- risk trade as the energy sector keep showing weakness
Other interesting setups from the energy sector (but different industries) are: XOM, CVE, SU.
Giao dịch đang hoạt động:
entry triggered
Bình luận:
taking 1/3 off as it looks too overextended now
Bình luận:
dividing sl into two: 1/3 to BE, 1/3 stays as it is now
Bình luận:
moving the second SL to BE
Bình luận:
splitting once again - 1/3's SL goes below today's low
Bình luận:
selling another 1/3 as the breakout level has been reached.
Bình luận:
moving sl of remaining 1/3 below 29.80 - solid support there
Bình luận:
caution: earnings in 3days
Bình luận:
moving sl to 30.60