Friday, May 23, 2008

30 Minute Inside Bar - QCOM

30 Minute chart

Stock: QCOM 30 minute chart
Entry Green Line: 47.00
Stop Red Line: 46.75
Result: .83 to 1.07
Setup Grade
: A-
Notes: Real nice support from the 5 ema, enter after the 7th bar.

* 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