Friday, August 29, 2008

15 Minute Breakdown - KLAC

15 minute chart

Daily Chart

(Double Click Picture's for a Larger View)

Stock: KLAC 15 minute chart
Entry Bar: 6
Entry Green Line: 37.86 SHORT
Stop Red Line: 38.21
Result: .35 to .77... about 2R gain
Setup Grade
: B+
Notes: Nice strong break of the 15 minute low, scale or hold all day, move your stop to break even on 1R gain. The daily chart says it all.

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on



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