Monday, December 30, 2013

Exit ERX...Enter ERY

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ITZ exited its position in Energy Sector  being stopped out of ERX and switching into the ERY. Prior position post


15 comments:

itzstockchartz said...

Place stop @ $20.50

itzstockchartz said...

Raise Stop on $ERY to $21.25 from $20.50--- targeting $23

itzstockchartz said...

Raise Stop on $ERY to $21.25 from $20.50--- targeting $23

itzstockchartz said...

Raise Stop from $21.25 to $21.75

itzstockchartz said...

$ERY was stopped yesterday @ $21.75 for a +1.25 gain +6.1%
ITZ entered $ERX full position @ $81.50

itzstockchartz said...

SET STOP on $ERX position $84.50 on entry of $81.50

itzstockchartz said...

Stop hit exit trade +$3.00 or +3.68%

itzstockchartz said...

Re-enter ERX @ $81.75 1/2 position. Add 1/2 on any continued pullback to 200ma $81.00 set stop @ $79

itzstockchartz said...

added to position $80 1/2 position: avg cost $81.75 + $80 = $80.88 STOP Set $78

itzstockchartz said...

added to position $80 1/2 position: avg cost $81.75 + $80 = $80.88 STOP Set $78

itzstockchartz said...

$78 STOP Triggered ---exit with -$2.88 or -3.56%

itzstockchartz said...

Re-entered $ERX $77.50 reversal candle 'hammer' (full position) with $74 stop

itzstockchartz said...

1/31/14 $ERX stop hit $74 exit with 4.5% loss

itzstockchartz said...

Looking to re-enter $ERX around $70

itzstockchartz said...

Looking to re-enter $ERX around $70