KAS109

USO - Long on Oil

Viés de alta
KAS109 Atualizado   
AMEX:USO   United States Oil Fund
I went long on this I think Thurs or Friday. Higher highs and higher lows, nice basing pattern with breakout above triangle. My stop is @ $11.14 (about 10% plus is below swing low). Below $12.03, I would view as negative if it drops back into it's consolidation zone.

XOM looking nice today too.
I normally avoid ETFs as a general rule, but this ETF fit the pattern.
Trade ativo:
Moving stop to 10 day low $12.03
Trade ativo:
Stop to $12.49. Below 20 EMA.
Trade ativo:
Stop to $12.94
Trade fechado: stop atingido:
Trailing stop hit @ 13.26 this morning breaching the 20.
Aviso legal

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