ntran3

STNG -- Long

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NYSE:STNG   Scorpio Tankers Inc.
--Hold on the long support
--Reclaim the 21 ema
--Breakout from a flag pattern , showed entry on MACD , RSI above 50
--Entry 1.25%-2% above last close price
--Cut loss @ 7.5% (at higher range), right below 21 ema , since this could be the support level . Above 2:1 target ratio
--Disregard if show choppy price action
--Good luck, hope there still demand for marine transportation
--CPI report tomorrow on 10/13, stocks most likely react to the report.
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