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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

Oil Leads The Way Today

RaginCajun Mon Mar 2, 2015 1:27pm EST 2 Comments

Oil is leading the way on this Monday afternoon, along with solar via $TAN. As long as oil holds $48, I’m comfortable holding my position in UWTI. However, should oil break back below $48, I want to be long $DWTI & $ERY in size. That is your level to watch. Here’s a daily look at the commodity:

Screen Shot 2015-03-02 at 12.24.48 PM______

As for today’s hybrid movers, CLICK HERE FOR CHARTS. My favorite is this $WPRT which OA nailed this morning inside 12631. If you have any tickers worth watching here, please feel free to share via the comment section.

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2 comments

  1. RaginCajun
    RaginCajun
    March 2, 2015 at 1:59 pm

    Oil did not like this post and has since retreated back below $50

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