Monday, December 21, 2009

Gap Fill and Go Short - WAG

10 Minute Chart

5 minute chart

(Double Click Picture for a Larger View)
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Stock:WAG 3
Entry Bar: 2
Time Frame: 10 minute chart

Entry Green Line: 36.49
Stop Red Line: 37.30
Result: .82 to 1.39
Setup Grade
: B
Notes: Nice break on the 3rd bar and with restistance of 200 SMA on the 5 minute. Use the 5 minute bar to help time your entry. Scale as you go.

* 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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