Tuesday, August 18, 2009

1 minute 8 SMA - JEC

1 minute play

(Double Click Picture for a Larger View)
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Stock:JEC
Entry Bar:32
Entry Green Line: 43.50
Stop Red Line: 43.42
Result: .12 to .28
Setup Grade
: B
Notes:Breaking right at the 30 minute OR, nice little hammer, scale out and nice quick gainer. I really time these when then setup for a low risk quick gainer.

* 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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