This looked to be a solid trade on an oil stock. The stock was treanding up and OPEC accounced a quota the previous evening which raised oil by $2/bl. I was expecting to sell at $2 or $2.05 and it got up to $1.90. At that point the Deutsche Bank debacle caused the market to lose 3% as a whole and PWE never recovered.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 9/29/2016 | 1.8599 |
| Exit | 9/29/2016 | 1.80 |
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