XOP +91% – Here’s the Trade

1. XOP CHART
11/17/20 Buy 50.24   (+91.92%)

12/17/20 Buy 60.20  (+60.17%)
5/7/21 Buy 86.10       (+11.99%)

2. 11/14/20 XOP > 40 WEEK + TNX CORRELATION
https://twitter.com/BlueChipPremium/status/1327803486323478530

3. CHART OF THE DAY 11/17/20
https://twitter.com/BlueChipPremium/status/1328688371401678849

4. XOP BUY 11/17/20


5. XOP WEEKLY 5/7/21
https://twitter.com/BlueChipPremium/status/1390742155711422464


6. XOP DRAWDOWNS SINCE ENTRY
11/20 11%
12/20 12%
1/21 11%
2/21 9%
3/21 17%
4/21 15%
5
/21 9.9%

7. Other Highlights:
BEST IDEAS LIST 5/5/21

3/26/21 Best Ideas List (+19%)
11/29/20 FREE CHART OF THE WEEK (+66%)
On our Weekly ETF Best Ideas List 25 of 28 weeks since Nov 23.

 

8. KEY NOTES
1. Take the signals (200-sma reclaim).
2. XOP +64% ytd, XLE +47%.
3. Learn how to maximize winners by adding to them on the way up.
4. Don’t be scared to give some back.
5. Adhere to stops and don’t get shaken out early.
6. Don’t overtrade or overreact.
7. Embrace volatility.
8. Stay consistent – Don’t let news, third party opinions or SPX volatility override the trading plan.
9. Big time frames = bigger winners.
10. Don’t settle for 5-10% gains when there are 50-100% gains to be made.

YOUTUBE VIDEO:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Join Now for
Exclusive Access

Membership gives you premium access to videos, reports, top trends, market analysis, plus so much more.

Annual

Membership

$

499

per year

Monthly

Membership

$

59

per month