5 minute chart
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Stock:HPQ
Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 41.95 SHORT
Stop Red Line: 42.16
Result: up to 1.30
Setup Grade: B+
Notes: Market gaping down and HPQ breaking support on its daily. Scale out and let it ride all day, sell at the close. Little extended from the day before but liked the market direction, daily chart and risk to reward of 25 cents.
Time Frame: 5 minute chart
Entry Green Line: 41.95 SHORT
Stop Red Line: 42.16
Result: up to 1.30
Setup Grade: B+
Notes: Market gaping down and HPQ breaking support on its daily. Scale out and let it ride all day, sell at the close. Little extended from the day before but liked the market direction, daily chart and risk to reward of 25 cents.
* 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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