I have been taking profit on every dip and buying calls on (green) days following price perfectly. If oil continues to push higher I do not see it being contained in the 30's for much longer... I am currently net short Xom entry from 84.50... I still stand by my lower 80's PT.
Note
the bounce higher then the real drop should happen. after using the bottom 80s-78s as a launching pad.Note
:-)Trade active
Note
This could be where I would be willing to enter again.
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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.