Global Macro Trading

Bulls make money. Bears make money. Pigs get filthy rich.

Bulls make money. Bears make money. Pigs get filthy rich.

REI (Ring Energy)

Opened October 27, 2026

OpenCampaign total −$0.08
as of Nov 4 closeper share, vs avg entry
REI (Ring Energy) daily chart, Nov 4 (TradingView)

Working chart · Daily · Updated Nov 4

Entry

~$1.27

Position

50% open

Realized (sold half)

−$0.08

Unrealized (remaining half)

−$0.07

avg-cost basis


Thesis

Current Cycle · Phase 1

Equity sleeve of the oil campaign. Rides crude higher.


Original Setup

Legacy position, avg entry ~$1.27.


Risk / Invalidation

Remaining 50%: exit on a daily close below 1.03.


Trade Journal

Newest first.

  • TrimNov 4 · 1.187

    REI closed below the 1.28 support line, so I sold half. The rest now exits on a daily close below 1.03, the lower support line.

  • HoldOct 27

    Legacy book, avg entry ~$1.27. Exits on a daily close below ~$1.28.

For informational and educational purposes only. Not investment advice.