Drill Baby Drill Play

Jan 28

Thought I would have a look around for stocks that have been running well over the last couple of months around the Trump campaign and win cycle that are in Oil and Gas in the US.

I like the idea that this stock has been having a pretty aggressive but steady run and is still sub $10. Revenue figures looked okay as well.

Indicators would show it might be on the more expensive side based on its technicals, but its still pretty cheap to perhaps be a relatively low risk play.

Set your stop loss around the SuperTrend or pick a moving average and see if you can ride it until the trend ends.

Buyer beware :)

Feb 10

Trade active

I hadnt realised I had double posted 2 ideas about this same stock.

Anyway, seems to be going well. Trick is whether it will break that high and continue up, or whether we will reverse.

Feb 18

Note

Moving well before pulling back a little.