Gap and Go - Rimm

Daily Chart

5 minute chart

1 minute chart

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Stock: RIMM

Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 60.37
Stop Red Line: 59.57 or 59.84 on one minute chart
Result: up to .59
Setup Grade: B+
Notes: Weak day, looking for a bounce and nice pop on RIMM at the opening. Daily confirms some sort of run. I show a one minute chart to help time your entrance. Scale out and get the stop to entry.

* 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.

Gap and Go - RAX

Daily Chart

5 minute chart

1 minute chart

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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.

* 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.

Gap and Go - FCX

Back after a two week break from Blogging!

Daily Chart

5 Minute Chart

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Stock:FCX

Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 81.19
Stop Red Line: 80.49
Result: up to 1.23
Setup Grade: B+
Notes: Strong Morning, nice daily chart, scale as you go hold some until close.

* 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.

Gap and Go - POT

5 minute chart

Daily Chart

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Stock:POT

Entry Bar: 2
Time Frame: 5 min
Entry Green Line: 146.85
Stop Red Line: 145.32
Result:
Setup Grade: B+
Notes: Scale out as you go....there are many ways to trail your trailing stop...low of last candle, support/resistance or a close below a moving average. Here I am trailing this trade with a close below the 20SMA on the 5 minute chart. Included is the pre market data. Still in the trade and room on the Daily to run...little risky after huge gap up the previous day but looking for more short covering. I will close out at the end of the day.

* 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.

Gap and Go - CLF

Daily Chart

5 minute chart

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Stock:CLF

Entry Bar:4
Time Frame: 5 minute chart
Entry Green Line: 63.51
Stop Red Line: 63.08
Result: up to .99
Setup Grade: B+
Notes: Scale as you go...I scaled out twice and tired to let some run... stopped out at entry.

* 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.

Gap and Go - LINE

5 minute chart

Daly Chart

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Stock:LINE

Entry Bar:2
Time Frame: 5 minute
Entry Green Line: 29.66
Stop Red Line: 29.43
Result: .25 to .49
Setup Grade: B
Notes:

* 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.

Gap and Go - UAUA

Daily Chart

5 minute chart

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Stock:UAUA

Entry Bar: 2
Time Frame: 5 minute
Entry Green Line: 21.00
Stop Red Line: 20.68
Result: .29 to .63
Setup Grade: B+
Notes: Nice daily chart, scale out as you go....strong market

* 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.

Gap and Go - UNH

Daily Chart

5 minute chart

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Stock:UNH

Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 34.16
Stop Red Line: 33.72
Result: .25 to .54
Setup Grade: B
Notes: All the insurance companies where moving this morning...took UNH for a quick play.. was also available on the pullback. Scale as you go especially with that strong 2nd bar.. Would have like more room on the Daily chart but still a strong stock.

* 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.

Gap and Go - ROST

Daily Break

5 minute

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Stock:ROST

Entry Bar:2
Time Frame: 5 minute
Entry Green Line: 50.52
Stop Red Line: 49.67
Result:
Setup Grade: A-
Notes: Scale out and let it run

* 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.

Gap and GO - CVX

Daily Chart

5 minute chart

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Stock:CVX

Entry Bar: 2
Time Frame: 5
Entry Green Line: 80.34
Stop Red Line: 80.05
Result: .32 to .75
Setup Grade: B+
Notes: Scale out as you go, great example of why you scale out.

* 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.

Gap and Go - SAI

5 minute chart

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Stock:SAI

Entry Bar: 2
Time Frame: 5 minute
Entry Green Line: 18.94
Stop Red Line: 18.61
Result: .07 to .26
Setup Grade: B+
Notes:Nice push on the Daily, small gainer, always scale out and maintain your stops

* 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.

Gap and Go - SPLS

5 minute chart

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Stock: SPLS

Entry Bar: 2
Time Frame: 5 minute
Entry Green Line: 24.25
Stop Red Line: 23.77
Result: .11 to .43
Setup Grade: B+
Notes: Nice little break on the Daily chart

* 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.

Gap and GO - RVBD

5 minute chart

Daily Chart

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Stock:RVBD

Entry Bar: 2
Time Frame: 5 minute
Entry Green Line: 22.11
Stop Red Line: 21.83
Result: .54 to .76
Setup Grade: A-
Notes: I was in AMZN and just missed entering on this trade. The power of short covering to really push a stock. RVBD gapped up and almost engulfed the previous days bar sending the shorts to cover.

* 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.

Gap and Go - MS

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Stock:MS

Entry Bar:
Time Frame:5
Entry Green Line: 34.08
Stop Red Line: 33.58
Result: .45 to .78
Setup Grade: B+
Notes: Nice setup, scale hold some all day.

* 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.

Gap and GO - CAT

5 minute

Daily

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Stock: CAT

Entry Bar: 2
Time Frame: 5 minute
Entry Green Line: 55.00
Stop Red Line: 54.85
Result: .30 to .48 or more
Setup Grade: A-
Notes: Breaking on the daily, scale out, stop to even, hold some all day.

* 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.

Gap and Go - BIDU

5 minute chart

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Stock:BIDU

Entry Bar: 2
Entry Green Line: 344.95
Stop Red Line: 338.07
Result: 12 to 18 points
Setup Grade: A-
Notes: nice setup, I like these larger price stocks taking less shares.

* 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.

Gap and Go - LFC

5 minute chart

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Stock:LFC

Entry Bar: 2
Entry Green Line: 63.63
Stop Red Line: 63.11
Result: .40 to .74
Setup Grade: B
Notes:

* 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.

Gap and Go - K

5 Minute Chart

Daily chart

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Stock:K

Entry Bar: 2
Entry Green Line: 47.11
Stop Red Line: 46.90
Result: .37 to .61
Setup Grade: A-
Notes: Nice daily, scale as you go, close at the end of the day

* 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.

Gap & go - ACH

5 minute chart

Daily Chart - gapping up after bouncing off the 50sma

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Stock: ACH

Entry Bar:2
Entry Green Line: 24.25
Stop Red Line: 23.90
Result: .21 to .55
Setup Grade: B+
Notes: Gaping up after bouncing off the 50. I always screen my stocks pre-market looking at daily charts. As usual scale out and let some run all day.

* 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.

Gap and Go 5 minute - RIMM

5 minute chart

Daily - nice break away

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Stock:RIMM

Entry Bar:2
Entry Green Line: 71.26
Stop Red Line: 70.24
Result:
Setup Grade: A-
Notes: Scale as you go, stop to even and let some run until the close

* 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.