I bought DVN this after noon at $57.67. Stop at 52.50 just below the 200 day EMA. Initial target $80.
I am realizing buying breakouts in this market isnt a great idea. So i am going to look for stocks near support (50, 100, 200 day) with stops just below said support, we'll see how that works out.
I also believe in the energy trade, longer term, after some consolidation.
Also bought some XBI, biotech heating up, its at the 50 day, close to breaking above it, but still close to a low point. I'm not putting it in my trading spreadsheet though as i only bought a small tag position, to keep it on my radar. If i buy more, i will call it a trade, with average price.