SCO Trade on Aug 25, 2015 10:42 from ToqueX: Tradervue User Stock Trades.

Grade=C
Swing

The entry: I bought at the bottom of the range that was established early in the day. I am looking for more weakness in oil after what may be a brief reprieve. I will get out if SCO breaks below HOD from 8.21 and consider reversing my position if it looks like a strong move to the upside for oil. I added a 2nd 1/2 position after getting a better price and keeping with the idea of buying the SCO pullback.

8.26: I held on patiently until the next day and the price was back up and hovering around my buy price and testing my patience a bit. Oil finally flopped intraday without taking out my generous stop. As soon as it was over 128 I had the stop moved up to cover all costs of the trade and set target limit orders for 128.70 and then 130 as it ripped up. It looks like a decent place to get out which was near the yesterday's HOD.