Tuesday, March 16, 2010

1 and 5 minute breakout - SBUX

5 minute chart

Daily Chart

One Minute Chart


(Double Click Picture for a Larger View)
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Stock: SBUX
Entry Bar: 3
Time Frame:5 and 1 minute chart

Entry Green Line:25.01
Stop Red Line: 24.85
Result: up to .37
Setup Grade
: A-
Notes: Nice move on the Daily Chart, Five and one minute chart setup nicely. Scale out and hold some all day. Wait for the whole # to break.

* 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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