Thursday, August 12, 2010

1 minute chart breakdown - KSS

Daily Chart

1 Minute Chart

(Double Click Picture for a Larger View)
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Stock:KSS
Entry Bar: 39
Time Frame: 1 minute chart

Entry Green Line
: 46.29
Stop Red Line: 46.62
Result: up to .71
Setup Grade
: B+
Notes: weak daily chart, and one minute chart breaks through 30 minute low. Scale as you go, made a push down and then you would have been stopped out at your entry when it retraced. Still nice play and winner.

* 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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