15 Minute Chart - 2 day chart
Daily Chart
(Double Click Picture for a Larger View)
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Stock:CTAS
Entry Bar:3
Time Frame: 15 minute chart
Entry Green Line:25.74 SHORT
Stop Red Line: 26
Result: .21 to .59
Setup Grade: B+
Notes: Nice trend on the 20SMA, Stop above the 20 SMA on the 15 minute breakdown.. One minute chart a nice gauge timing your entry and confirming. Hold some all day after scaling out.
Time Frame: 15 minute chart
Entry Green Line:25.74 SHORT
Stop Red Line: 26
Result: .21 to .59
Setup Grade: B+
Notes: Nice trend on the 20SMA, Stop above the 20 SMA on the 15 minute breakdown.. One minute chart a nice gauge timing your entry and confirming. Hold some all day after scaling out.
* 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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