I got stopped out of my UNG sep 9 Calls for a loss of .02 yesterday. I did not like the fact that the pattern looked to be falling apart and Nat Gas was taking a beating. Today it regained some of the losses from the last 2 days. I wanted to take some risk exposure off, but will continue to monitor UNG in days to come. Today's piercing pattern got it back above the 50 SMA. If it can get above the 5 SMA I will look to possibly get long this name again.
Trade well,
Pete
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment