The XOP (Oil & Gas Exploration & Production ETF) swing trade has hit the second price target, T2 at 32.62, for a gain of 10.4%. Original & updated daily charts below:
While the longer-term outlook for the oil & gas E&P sector remains bullish, I have decided not to add any additional price targets to this trade although I may look to reposition on a pullback. Consider booking partial or full profits and/or raising stops if holding out for additional gains. XOP will now be moved to the Completed Trades category.