Thursday, June 4, 2009

Rocket - PEP

5 minute chart

(Double Click Picture for a Larger View)
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Stock:PEP
Entry Bar: 24
Entry Green Line: 54.86
Stop Red Line: 54.58
Result: .28 cents and out
Setup Grade
: A-
Notes: Scale as you go, I like to exit all at the 20SMA. Like the fact its reversing around the 200 SMA with a nice red reversal bar.

* 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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