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Friday, 12/01/2017 3:07:23 PM

Friday, December 01, 2017 3:07:23 PM

Post# of 8177
Friday, exactly one week ago, NGL stood at $12.20. And now we're at $12.83.

This is the "Day of Reconciliation" that prompts short term traders (NOT investors) to flip their holdings to securely capture gains of the week. With an hour or so remaining to the day's session, we're poised to close the session midway between the $12.50 and $13.00 points. As far as I'm concerned, either end of the channel would be just fine. NGL is my star performer and has certainly been shining brightly this week for all of us following this pick.

On Tuesday of this week I added 500 units of NGL at $11.745 followed by a purchase of 1,000 units at $11.85. The average comes to $11.815. I hope others followed me on these buys as I posted this information in the hopes that followers would avail themselves of opportunity to profit in the near term.

The final trading hour of a Friday session is always going to be a little nutsy so do think hard if contemplating moves today. I, personally, would definitely NOT urge anybody to make moves. Yesterday was a very good day for us, to be sure. There's no way to predetermine continuing momentum in this stock so looking forward we will find additional momentum, consolidation, a pullback or just flippy on-and-off vacillation until NGL's market audience calms down.

I would not be a buyer today and am looking towards next week and the rest of December to fill out my desired positions in NGL.

Happy self-management to everybody!
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