Short at 12.77. Stop at 12.9
Bullish engulfing pattern on daily but has hit the daily 20ma
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-03 11:21:00 | NBR | sell | $12.770 | short |
2015-03-03 11:44:00 | NBR | buy | $12.900 | 0 |
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I see this as an "easy-go-lucky" pullback on the daily. Especially with USO running, I'd be watching for longs on this stock.