Monday, May 12, 2008

30 Min. Candlestick Breakout - RIMM

30 minute chart


Stock: 30 minute chart
Entry Green Line: 139.24
Stop Red Line: 137.32
Result: 2.07 to 2.88
Setup Grade
: A-
Notes: Large stop, less shares, nice strong gap at the open, nice break 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

No comments:

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