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SFY Final Target Hit

SFY 60 minute Feb 9th SFY has now hit both the second & previous final target/resistance level at 2.96, as well as the first profit target (which was revised to the official final target on Thursday) of 2.56. From entry less than a month ago, SFY gained about 13% to the first target [...]

Feb 9, 2015 12:34pm|Categories: Completed Trades - Long|Tags: |Comments Off on SFY Final Target Hit

SFY Approaching First Target

SFY 60 minute Feb 5th SFY (Swift Energy Co) is approaching the first price target. In this previous update from Jan 14th, I had listed the two near-term bounce targets that I was focusing on (60 minute chart) as well as a potential longer-term target on the weekly time frame. In that post, [...]

Feb 5, 2015 12:04pm|Categories: Completed Trades - Long|Tags: |Comments Off on SFY Approaching First Target

SFY Long Trade Idea

SFY (Swift Energy Co.) was mentioned yesterday as one of several bounce/potential long-term swing trade candidates in the Peak Oil vs. Oil Glut post. As with most of those trade ideas (additional charts/notes on the remainder to follow tomorrow), SFY is in the process of forming some potentially strong bullish divergences on the daily time [...]

Jan 14, 2015 10:14pm|Categories: Completed Trades - Long|Tags: |Comments Off on SFY Long Trade Idea

Peak Oil vs. Oil Glut

The longer that I trade & invest, the more it seems like I'm watching the same movie played over & over every few years. It's the never ending cycle of booms & busts and if I were to categorize the genre of movies that I'm watching, I'd have to lean more towards labeling them as [...]

Jan 13, 2015 1:15pm|Categories: Completed Trades - Long, Gold & Commodities, Long-Term Trades- Completed|Tags: , , , , , , |Comments Off on Peak Oil vs. Oil Glut