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Stock:CCJ 30 minute chart
Entry Bar:8
Entry Green Line: 15.87 SHORT
Stop Red Line: 16.08
Result: .21 to .53
Setup Grade: B
Notes:Little late in the day but weak like the market with bearish candle at outside range. Nice stop above the 5 EMA. Scale as you go, hold on a little to some shares to sell before the close with a stop at entry. (last part stopped out)
Entry Green Line: 15.87 SHORT
Stop Red Line: 16.08
Result: .21 to .53
Setup Grade: B
Notes:Little late in the day but weak like the market with bearish candle at outside range. Nice stop above the 5 EMA. Scale as you go, hold on a little to some shares to sell before the close with a stop at entry. (last part stopped out)
* 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.
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