Daily Chart - gapping up after bouncing off the 50sma
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Stock: ACH
Entry Bar:2
Entry Green Line: 24.25
Stop Red Line: 23.90
Result: .21 to .55
Setup Grade: B+
Notes: Gaping up after bouncing off the 50. I always screen my stocks pre-market looking at daily charts. As usual scale out and let some run all day.
Entry Green Line: 24.25
Stop Red Line: 23.90
Result: .21 to .55
Setup Grade: B+
Notes: Gaping up after bouncing off the 50. I always screen my stocks pre-market looking at daily charts. As usual scale out and let some run all day.
* 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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