Tuesday, April 07, 2015

Chart of the day: DIG

Today's swing trade stock chart of the day is DIG.  Energy is showing positive money flow and the sector has broke out over the 50 day moving average. Here we can place a stop under the moving average with a target at the recent February pivot high at $57.

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I will wait for a slight pullback from this level to attempt to get better value, though this is risky as the stock could move from here.



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2 comments:

Mike said...

All described incredibly by chart. The best traders optimize their trading by deploying the right setup for the right market. Thanks!
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