Wednesday, January 28, 2009

Gap and 123 pullback - GILD

123 setup

5 minute chart full day

(Double Click Picture for a Larger View)
.
Stock:GILD
Entry Bar:18
Entry Green Line: 49.85
Stop Red Line: 49.65
Result: .34 to 1.53
Setup Grade
: B+
Notes: Nice pull back and hammer to the 30 minute outside range high. Scale as you go.

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

Learn to trade gaps

No comments:

Post a Comment