Monday, January 4, 2010

1 minute chart breakout - SWKS

1 minute chart

Daily Chart

(Double Click Picture for a Larger View)
.
Stock:SWKS
Entry Bar: 4
Time Frame: one minute chart

Entry Green Line: 14.60
Stop Red Line: 14.53
Result: .07 to .20
Setup Grade
: A-
Notes: Happy New Year, it was good to take a break from blogging. Now on my 3rd year. Alot of nice setups this morning as the market moved. Here is a one minute chart breakout with a nice break on the daily chart as well. Scale out as you go for this small winner. Again it all come back to managing your trade, take what the market gives you.

* 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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