Wednesday, May 19, 2010

30 Minute outside range breakdown - COV

5 minute chart

(Double Click Picture for a Larger View)
.
Stock: COV
Entry Bar: 7
Time Frame: 5 minute

Entry Green Line
:43.93 SHORT

Stop Red Line
: 44.20
Result
: .58 to .89
Setup Grade
: A-
Notes
: Nice bar break of the 30 minute low...scale out as you go on this weak market...

* 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.

No comments:

Post a Comment