Friday, April 4, 2014


XCO @5.87, on on the break above a 5 month base.  Followed by two days of spinning type dojis, That breached the 6 level.  Not unusual given the overhead.  The MACD still looks pretty good.    

Initial Target 6.75 level. Against stop of 5.45.  For 2 to 1 initial Ratio for a .5% risk.  I feel the market is too choppy to go bigger at this point.  Look to move the stop up if hits   6.20 the stop will be moved up.

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