5 minute chart
1 minute chart
(Double Click Picture for a Larger View)
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Stock:RAX
Entry Bar:2
Time Frame: 5 minute chart
Entry Green Line: 26.19
Stop Red Line: 25.84
Result: 1.00 to 1.50
Setup Grade: A-
Notes: Nice Daily Chart...and consolidation on 1 minute chart...stock was popping up on the premarket gappers. You dont get many of these huge runners but when you do they pay off.
Time Frame: 5 minute chart
Entry Green Line: 26.19
Stop Red Line: 25.84
Result: 1.00 to 1.50
Setup Grade: A-
Notes: Nice Daily Chart...and consolidation on 1 minute chart...stock was popping up on the premarket gappers. You dont get many of these huge runners but when you do they pay off.
* 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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