Hi again folks,
Im still a newbie and my last call was not great and stop-lossed out. This time I think Talos has got a full Elliot cycle out. Im picking it to start trading up in expectation of good earnings, or trade flat for a bit before the earnings. These should be OK given the rise in WTI since last time so I expect it will rise to ca. $15 before testing the resistance there. It might drop back there or resume the upward trajectory. I'm back in with a stop loss set at $10.07 in case im wrong again.
Cheers
Im still a newbie and my last call was not great and stop-lossed out. This time I think Talos has got a full Elliot cycle out. Im picking it to start trading up in expectation of good earnings, or trade flat for a bit before the earnings. These should be OK given the rise in WTI since last time so I expect it will rise to ca. $15 before testing the resistance there. It might drop back there or resume the upward trajectory. I'm back in with a stop loss set at $10.07 in case im wrong again.
Cheers