Equity Oracle: 07/24/15

Last week I was very clear about waiting for the green candle before buying into OIL. We never got the green candle that we were waiting for and the stock wound up breaking out below support. This is a perfect example of how important the contingent buy can be with regard to managing risk. Risk management starts at the entry point, so we are still going to have to wait for the green candle to form before getting into this one.

To gain access to the PDF download and video, sign up for an Equity Oracle Subscription!

No comments yet.

Leave a Reply