Post by
Jaydcrzy on Feb 08, 2019 12:12pm
This is starting to look oversold
A long way down since the MEG deal fell through. Energy has just been pounded this week. Considering I missed my short at 18$ this would have been a great spot to cover. Worse case double bottom at 13.50$ but I don't think we will get that far.
Regards
Jayd
Comment by
bullmrkt89 on Feb 08, 2019 12:45pm
I agree. If this hits $14 I’m loading up. Not a smart idea to short here. When oil was $30 few years ago this never went below $13.50 for long. Oil is $50 now
Comment by
Jaydcrzy on Feb 08, 2019 12:57pm
I am looking to get in just under 14.50$.
Comment by
Jaydcrzy on Feb 08, 2019 3:16pm
really regret not pulling the trigger now :(
Comment by
bullmrkt89 on Feb 08, 2019 3:29pm
To save pennies you lost dollars. Back to $16 it goes