Thursday, November 18, 2010

Gap and Go - QGEN

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)
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Stock:QGEN
Entry Bar: 2
Time Frame: 5 minute chart

Entry Green Line: 19.17
Stop Red Line
: 19
Result: up to .34
Setup Grade
: B
Notes
: Not the best daily chart but took it as a breakout with the markets gapping up strong. Scale out as you go, hold some until close or entry price is hit.

* 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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