4 Feb, 2019

Plan of the Week 2/4/2019

The market looks like it’s going to be fairly flat today and it feels like the market may be slowing down. Energy has bee hot so today, I’m buying a medium size position in FRAC (1200 share @ $10.48). The chart looks like we have the next resistance at about $11.50, which is on the hairy edge of where I would like to take profit, so we will see how the week goes. This stock has been moving up every week for the last month, and energy has been really hot, so I think there’s a good chance that this trade is a win.

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