5 Minute Chart
1 minute chart
(Double Click Picture for a Larger View)
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Stock:RIG
Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 61.90
Stop Red Line: 60.75
Result:
Setup Grade: B
Notes: Nice Daily Chart, wide stop so buy with less shares. I like the one minute consolidation break.
Time Frame: 5 minute chart
Entry Green Line: 61.90
Stop Red Line: 60.75
Result:
Setup Grade: B
Notes: Nice Daily Chart, wide stop so buy with less shares. I like the one minute consolidation break.
* 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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