Monday, April 6, 2009

Free Fall - MAN

5 minute chart - SETUP


Result - scale as you go

(Double Click Picture for a Larger View)
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Stock:FAN 5 minute chart
Entry Bar:6
Entry Green Line: 33.71
Stop Red Line: 33.37
Result: .17 to .54
Setup Grade
: B
Notes: increased volume and nice pop and hammer. Scale as you go, 200 EMA a nice goal to get out of the entire package...didn't happen ran out of steam.

* 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

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