Friday, April 25, 2008

Gap 123 Fade - COF

5 Minute Chart

Stock: COF 5 minute chart
Entry Green Line: 49.99 Short
Stop Red Line: 50.53
Result: .71 to .98
Setup Grade
: B
Notes: Liked the volume spike on the 2nd candle of the day showing over buying.

* Grade is according my rules for each setup outline in my business plan. The grade is for the setup not the end result.

* Feel free to post any trades you made today that you would like commented on

2 comments:

bl said...

Do you have a WL, or premkt, or scan for these? Thanks. Enjoy your variety!

How I Day Trade said...

I scan premarket and do some scanning right when the market opens.

Disclaimer

I DO NOT MAKE RECOMMENDATIONS TO BUY OR SELL SECURITIES - I JUST POST TRADES I MAKE OR FIT THE RULES OF MY TRADING PLAN ON A DAILY BASIS. DO YOUR OWN DUE DILIGENCE - YOU ARE RESPONSIBLE FOR YOUR TRADES, INVESTMENTS, AND DECISIONS! ALL CHARTS COURTESY OF TRADESTATION, SCHWAb & TD AMERITRADE