LONG COP R:R = 3.35

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Another decent risk/reward here...

Long COP @ 41.70
STOP 38.77
TARGET 51 (ish)
Note
Looking great so far!

snapshot
Note
Short term calls could be sold at target here... if target is hit you also capture premium. if not - it reduces your cost basis.
Note
snapshot
Chart Patterns

Follow me for some interesting Risk:Reward ideas. I have a purely technical analysis approach. I mainly watch and trade US stocks that have weekly options. This is not an investment advice, do your own due diligence.
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