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RLOG Swing Idea - price moved higher / sitting above 50ma
RLOG Swing Idea - price moved higher / sitting above 50ma
By work1411
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Updated
Oct 15, 2017
1
Sep 28, 2017
I like the chart set up as there is more buying coming in.
RLOG recent inside buyer helped price back to 50ma. RSI steady increase and MACD is back to par. Needs more time for it to break resistance .34c
Swing Idea: Buy .28 - .30 area - SL at .5c below purchase. PT shown to scale out and move your SL if RLOG starts to run..
DT idea: buy above .34 / RSI at 60
Oct 15, 2017
Note
10/13 scaled out and move SL
Oct 20, 2017
Trade closed: stop reached
Scaled out at .40 and moved SL which was triggered at .36.
Possible continuation but will wait for a better entry at .28 - .30
Nov 7, 2017
Note
Shippers back in play.. RLOG beast out 300%.. Look for continuation tomorrow
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work1411
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