Monday, June 1, 2009

Gap & Go short 10 minute -COH

5 minute chart

Daily Chart - nice

(Double Click Picture for a Larger View)
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Stock:COH
Entry Bar: 3
Entry Green Line 27.31
Stop Red Line: 26.90
Result: nice run..up to 1.00
Setup Grade
: B+
Notes:Scale as you go, nice break on the daily, little extended on the first 5 minute bar when scaling down to a 2 minute chart. Let is consolidate a little on the 2 before attempting to enter.

* 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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