Friday, July 16, 2010

Gap and Go short - GILD

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)
.
Stock:GILD
Entry Bar:2
Time Frame: 5 minute
Entry Green Line: 34.25 SHORT
Stop Red Line
: 34.90
Result: .50 to 2.00
Setup Grade
: B+
Notes: Weak market and daily chart...it ran all day...scale out as you go.

* 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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