Closed my OIH May 150 puts for a loss at 4.3 (Had purchased it at 5.3). I am still bearish on OIH. But when you have an index hovering around the breakout level and fails to selloff, as a trader, i need to take the loss and get out. That leaves me completely flat in my account right now. Tommorow is another day !
I give up !
Started by
NAV
, Apr 11 2007 01:25 PM
1 reply to this topic
#1
Posted 11 April 2007 - 01:25 PM
#2
Posted 11 April 2007 - 01:36 PM
hi NAV
PnF chart for OIH shows 154 to 157.99 are key area of horizontal resistance -
http://stockcharts.c...allery.html?oih
it does not look likely to go higher until a move above $154.00
PnF chart for OIH shows 154 to 157.99 are key area of horizontal resistance -
http://stockcharts.c...allery.html?oih
it does not look likely to go higher until a move above $154.00