Wednesday, March 2, 2016

RICE Energy Trade

Trade Recap 2/2/16

Ticker (Company) - Rice Energy Inc. (RICE)
Plan - Take entry at the 50dma on daily pullback - Risk/stop 9.40ish - sell into breakout/strength
Entry price - $9.65
Exit Price -  $10.25
Profit (Loss) - $90.00
Learning Point  - Should have held longer as you can see it pushed higher towards the close. Need to be more patient this could have been a nice swing as I was targeting the 10.50 area.

Chart -

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