Simple Trade Setups, Stalk Candidates

Simple Trading Stalk Candidate – PTEN – 4 December 2013

simple trading

PTEN is a good Stalk candidate we’ve been watching for a bit now.  Having recently put in an Intermediate Low around $23, the stock looks prepared to make a run higher.  We like long entries around these levels or better with a stop just below that recent swing low at $23.  Remember to practice good risk management through your position sizing.

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