tradersams blog

okn open

OKN:  Opened a position in Oakton today soon after market open at $2.55.

Oakton has been good to me recently – not that thats a good reason alone to trade it.  I entered coz there was a gap up on open, forming a bounce on a previous support line – which earlier was a resistance line.

In other markets, Gold is breaking out and the Aus dollar seems to have stalled against the USD.

Au revoir!