Friday, February 8, 2013

Short Crude Oil: Adding To Position

 Subscribe in a reader

ITZ is adding to the Proshares Ultra Short Crude ETF (SCO) @ $36.60 (1/4 position- that places the position @ 3/4 - having entered 1/4 positions @ $37 on Jan 23rd & $36 on Jan 29th.




2 comments:

itzstockchartz said...

Average Cost Basis $36.53, use 21ema as a trailing stop to trim position

itzstockchartz said...

Taking 1/4 position off the table @ $41.80 (entered 1/23/13 @ $37) use 8 day ema & 21 ema as trailing stop levels on remaining 1/2 position