Friday, April 18, 2008

Gap Fade - KBE

15 Minute Chart


Daily Chart


Stock: KBE 15 minute chart
Entry Green Line: 40.91
Stop Red Line: 41.40
Result: .21 to .37
Setup Grade
: B-
Notes: Slamming into the 50 EMA on the daily

* 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

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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