5 minute chart
(Double Click Picture for a Larger View)
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Stock:UNH
Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 34.16
Stop Red Line: 33.72
Result: .25 to .54
Setup Grade: B
Notes: All the insurance companies where moving this morning...took UNH for a quick play.. was also available on the pullback. Scale as you go especially with that strong 2nd bar.. Would have like more room on the Daily chart but still a strong stock.
Time Frame: 5 minute chart
Entry Green Line: 34.16
Stop Red Line: 33.72
Result: .25 to .54
Setup Grade: B
Notes: All the insurance companies where moving this morning...took UNH for a quick play.. was also available on the pullback. Scale as you go especially with that strong 2nd bar.. Would have like more room on the Daily chart but still a strong stock.
* 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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