30 Minute Chart
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Stock:TCK
Entry Bar: 2
Time Frame: 30 minute chart
Entry Green Line: 35.21
Stop Red Line: 33.60 Conservative...34.24 on 15 minute chart
Result:
Setup Grade: A-
Notes: Nice bounce off the Daily 200 moving average....Can use the lower time frames to find an alternative stop..which means more risk but you can buy more shares. Larger stop means you buy less shares.
Time Frame: 30 minute chart
Entry Green Line: 35.21
Stop Red Line: 33.60 Conservative...34.24 on 15 minute chart
Result:
Setup Grade: A-
Notes: Nice bounce off the Daily 200 moving average....Can use the lower time frames to find an alternative stop..which means more risk but you can buy more shares. Larger stop means you buy less shares.
* 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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