Tuesday, May 21, 2013

XOM Charts

I've been able to hold a fairly sizable position (Short) in XOM and ride out the price action without losing more than 7% on the position and less than 1% of portfolio. I purposefully left room to add at better prices as we often do with positions that are phased in to.

Looking at the charts, I'll just post a few different timeframes with no drawings, the charts should be obvious.

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30 min

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