Monday, March 7, 2016

03/07/2016 Trade status for $EPE $ZIOP $ESV

Let's go over these three tickers today $EPE $ZIOP $ESV.
$EPE was up big yesterday so my plan is to short on the big move with the risk "High" "Higher Low" Higher Low...
I saw it doing the high $5.85, higher low $5.77, higher low $5.72. I start in short $5.57 and $5.52 as is come down. then reverse so I cover $5.76 and flip long $5.86 for the risk at the line $5.85 breakout.
Sell all my position at $6.62 almost a $1 profit. I start to scalp in/out in/out etc... at the circle it's getting wild and pretty much giving back all of my profit..

$ZIOP
Start in short $8.98 for the $9.00 crack. It didn't crack so I cover $9.09 for starter position $0.10 loss. Stick with my plan

$ESV
Plan to go long for the $12.89 breakout, scale some more on a small dip but didn't move up so I cover and flip short.. This trade still a small loss because other trade after that didn't go well.



I'll revisit $EPE tomorrow.. I like the chart setup for short play.

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