Long puts on $LBRT.
Corrective impulse is not finished: Strong resistance @ 10+; LONG PUTS: stop-loss @ 12.5 or even 12.3; expecting a massive trace-down that could see LBRT sub-8, or sub-7, by the conclusion of the second quarter.
This is not trading advice, but it is purely speculation on the long-term behavior of LBRT. This is a much-revisited stock for this trader, but it has been a while since we've stopped in on LBRT; It has fallen further & further behind
HAL Halliburton - which is the safer and better-investing choice in the 
USOIL and field speculation sub-niche.
Best,
BDR
Corrective impulse is not finished: Strong resistance @ 10+; LONG PUTS: stop-loss @ 12.5 or even 12.3; expecting a massive trace-down that could see LBRT sub-8, or sub-7, by the conclusion of the second quarter.
This is not trading advice, but it is purely speculation on the long-term behavior of LBRT. This is a much-revisited stock for this trader, but it has been a while since we've stopped in on LBRT; It has fallen further & further behind
HAL Halliburton - which is the safer and better-investing choice in the USOIL and field speculation sub-niche.Best,
BDR
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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.