Re: Gasoline/ Bouncing Back/STR

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In Response To: Re: Gasoline/ Bouncing Back/trades ()

Yep price is bouncing of its Nov & Dec low of 17.75. And it's a long ways away from its 20ema (19.15) which price tends to snap back to even in a downtrend. I guess it's not such a bad trade with a stop below 17 being the Jan low. With its business Nat Gas it doesn't turn many on I suspect though. (Earnings April 25th)

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