Daily Chart
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Stock:RVBD
Entry Bar: 2
Time Frame: 5 minute
Entry Green Line: 22.11
Stop Red Line: 21.83
Result: .54 to .76
Setup Grade: A-
Notes: I was in AMZN and just missed entering on this trade. The power of short covering to really push a stock. RVBD gapped up and almost engulfed the previous days bar sending the shorts to cover.
Time Frame: 5 minute
Entry Green Line: 22.11
Stop Red Line: 21.83
Result: .54 to .76
Setup Grade: A-
Notes: I was in AMZN and just missed entering on this trade. The power of short covering to really push a stock. RVBD gapped up and almost engulfed the previous days bar sending the shorts to cover.
* 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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