Below is a link that will bring you to the most recent trade alert from the Equity Oracle.
The last two trade alerts are working out just as we expected but I want to make sure you are trailing your stops in OIH and BLDP. It is most important that we use our stops because, at any time, this market can turn lower.
I’ve attached a PDF file that outlines the details for this trade along with the instructions for managing risk on the position moving forward.
Also…be sure to watch my Weekly Market Report this weekend because there are some things I’m seeing on the charts that lead me to believe we could see lower prices next week. FYI…This next trade should be okay even if the markets drop next week.
Happy Trading.
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