Saturday, June 13, 2009

Gap Fade - AGU

5 minute chart

(Double Click Picture for a Larger View)
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Stock:Agu 5 minute chart
Entry Bar: 3
Entry Green Line:49.44
Stop Red Line: 48.81
Result: .44 to .76
Setup Grade
: B
Notes:Prefer the green bar entry but always enticed by a nice drop into a 200sma with a nice bounce. Scale out, unload at 20 sma. Wider stop, less shares

* 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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