Another Oil and Gas company setup is ready for a potential "double your money" rally. Initial position can be made here. This is long term play which will require patience for a couple years to realize all the gains.
交易开始
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交易开始
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Progressing nicely. This week we have got a confirmation of this trade with major break. Please see candle analysis on screenshot below. Position is made now we wait for our targets to get hit. Next step would be to ensure profitable trade after next significant move. Move of this week may or may not be retraced a bit hold your long position.
评论
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This area is a good price to add to position. Even if goes a little lower is will be limited.
Averaged in @ 5.16. Lets see how things go from this double bottom xD. This stock has 30,000 open call contracts right now @ $6 and $7 strike price. From that perspective it feels like a no brainer...Just a matter of trying to get the lowest cost basis at this point moving around my positions. Update any other thoughts you have when you get the chance! Nice to get further feedback on how you think this is going so far. Cheers.