Tuesday, May 6, 2008

Gap & Go 123 Pullback - PCZ

5 minute chart


Daily Chart



Stock: PCZ 5 minute chart
Entry Green Line: 52.98
Stop Red Line: 52.76
Result: .25 to .36 - hold all day for a nice gainer
Setup Grade
: B
Notes: Breaking on the daily, small gap up and strength, nice volume on the hammer


* 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