Today’s Trade: PCX

I entered 400 shares of PCX at an average price of $8.66.  My stop is around $7.40 and my initial target is $10.50.  This gives me a 2:1 reward to risk ratio.  
As noted in the blog and report last night, the coal sector looks great and PCX shows strong accumulation and a bull flag setup.
Those looking to enter can do so at this level or better yet, on a slight dip.

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: