$PXP Study 20171229

$PXP Daily Chart as of December 29, 2017

Note: this is an update to $PXP Study last Dec 22nd.

Mind the levels. Manage the risks. Protect your capital. Protect your gains.

DISCLAIMER: This is my unsolicited Point of View and is _not_ a recommendation to buy/sell the security.

*** DO NOT *** attempt to trade unless you FULLY understand the associated (financial/emotional) risks and you FULLY accept responsibility of the results of your actions.

$PXP Study 20171222

$PXP Daily Chart as of December 22, 2017

Mind the levels. Manage the risks. Protect your capital. Protect your gains.

DISCLAIMER: This is my unsolicited Point of View and is _not_ a recommendation to buy/sell the security.

*** DO NOT *** attempt to trade unless you FULLY understand the associated (financial/emotional) risks and you FULLY accept responsibility of the results of your actions.

$PXP Study 20171220

$PXP Daily Chart as of December 20, 2017

Mind the levels. Manage the risks. Protect your capital. Protect your gains.

DISCLAIMER: This is my unsolicited Point of View and is _not_ a recommendation to buy/sell the security.

*** DO NOT *** attempt to trade unless you FULLY understand the associated (financial/emotional) risks and you FULLY accept responsibility of the results of your actions.

$PXP Study 20171124

$PXP Weekly Chart as of November 24, 2017

Notes:
1. Volume is a big check. With such number of participants, you can trade in and out of this stock.
2. We want price to not slide past 9.89 from here on. At best, price should break the 13.56 level.
3. CCIs are well above zero level and are pointing up. Adds confidence on momentum-wise.
4. RSI is ranging around 70 level. May it be kept that way or better move to higher levels.
5. We want Slow Stochastic to remain above 80. Should it fail, then we can consider standing on the sidelines. We want that Fast Stochastic to turn up (entry/re-entry opportunity) and rise to higher levels.
6. Warning: this is a weekly chart and such requires a week long market activity to feel the sentiment of the market.


Mind the levels. Manage the risks. Protect your capital. Protect your gains.

DISCLAIMER: This is my unsolicited Point of View and is _not_ a recommendation to buy/sell the security. *** DO NOT *** attempt to trade unless you FULLY understand the associated (financial/emotional) risks and you FULLY accept responsibility of the results of your actions.

$PXP Study 20171122

$PXP Daily Chart as of November 22, 2017

Notes:
1. Volume turn over is almost six times the 20-day Volume average.
2. Price drop is a almost similar to Sep 26th.
3. I'm seeing a price channel and the mid-point of that channel appears to be critical to trading.
4. A revisit to the lower end of the channel for me is logical.

Market decides where the money goes. Always have the guts to execute your stop loss. Mind the levels. Manage the risks.

$PXP Study 20171103

$PXP Daily Chart as of November 3, 2017

Notes:
1. Price must stay above 8.65
2. CCI must continue approaching the trend line resistance (and must break it).

Mind the levels, manage the risks.

$PXP Study 20171020

$PXP Weekly Chart as of October 20, 2017

Notes:
1. BULLs failed to close the weekly candle above 113% level.
2. CCI is now clear of its direction. It must locate its turning point soon or probably at the 100 level.

$PXP Study 20171013

$PXP Weekly Chart as of October 13, 2017

Notes:
1. Excellent price push with 13%+ increase from last week.
2. Is CCI resting before heading down? Past rests were followed by a continuation :(
3. Mind the levels, manage the risks. Price is nearing 127.2% Fib Ret levels with next week's Pivot Point at 8.88 (that's 113% Fib Ret level!), R1 at 9.69 and S1 at 8.36.

$PXP Study 20171009

$PXP Weekly Chart as of October 9, 2017

Good start of the week for $PXP. Closed at that 113% Fib Ret level. BULLs gaining control.

$PXP Study 20171002

$PXP Weekly Chart as of October 2, 2017

Notes:
1. Price is heading towards 38.2% Fib Ret level.
2. CCI is heading towards 100.

$PXP Study 20170927

$PXP Weekly Chart as of September 27, 2017

$PXP Study 20170915

$PXP Weekly Chart as of September 15, 2017