Long XLE via June 15 '18 71 Calls
Attractive risk/reward after significant sector underperformance vs SPY
S/L below demand zone around 66
Increased confidence above 68.25 opening up room towards 50% retracement area
S/L below demand zone around 66
Increased confidence above 68.25 opening up room towards 50% retracement area
Yorum:
Trade evolving well. Aiming for a close above 68.25 which should open up some room to the upside as initially mentioned.
İşlem kapandı: hedefe ulaştı:
Great timing and great move. Took profit and move on to next idea.