Update: DO, RGLD, AIRN, FCX, ICE, CPST
Posted on October 9th, 2007 in Long Trade |
DO - I closed my position for a loss of 2.25%. It was trading sideways for too long and was not moving up like the other oil stocks. Instead I bought Valero (VLO) to replace this.
RGLD - Still in trade, it went down on low volume and went down to EMA21 and close above which is good.
AIRN - Great run in a few days I’m up +6.81%. See original entry
FCX - Technical are still good and could not close below EMA9. Should bounce up.
ICE - What a beautiful trade it has done everything that I predicted - see original entry and I am up +16.4%. It hit my first target of $149.99 on high volume and heading towards my second target of $164.44. The volume is drying up as we near this resistance so keep an eye on this in the next day or two.
CPST - I am currently out of this but like the stock. Technicals are not good right now and touched my price of $1.12 but on high volume. I would like to see this touch $1.10 on lighter volume then enter again.
Sphere: Related Content


