Via SCO Shares:
Due for a pullback and looking toppy. Time for some mean reversion.
SCO
Limit Order Entry Fill: 21.53
Stop: 21.45
PT #1: 22.30
Risk to Reward (R/R): 1:9.63
Due for a pullback and looking toppy. Time for some mean reversion.
SCO
Limit Order Entry Fill: 21.53
Stop: 21.45
PT #1: 22.30
Risk to Reward (R/R): 1:9.63
Trade attivo:
Quick update: I was stopped out of this trade right on the dot and re-entered as Oil WTI was rejected right at the 200DMA.