Market Curiosity: Exploring Markets And Systems

September 23, 2013

NGLS – Buying due to small breakout. +3% (update 1, Jan 6)

Filed under: +0 to +5%, IBD Bounty — Tags: — Jeff Fitzmyers @ 8:12 am

Bought March 2014 50 call for $300.
Stop loss is a close below 47ish.
Partial profits target is new highs.

NGLS daily sep 23 2013

Related
The “IBD Bounty”, a very simple breakout system. Watching AWAY.

Updated January 6, 2014. +3%
Decided to sell for a small profit a few trading days ago. (Sorry, just catching up now — normally I post trades in near real time.) There were 3 past times the position could have been (partially) sold for a bigger profit. But that did not happen since I was “waiting” for a bigger move.

NGLS daily Jan 5 2014

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