Friday, May 16, 2008

Rocket - UBB

5 minute chart


Stock: UBB 5 minute chart
Entry Green Line: 154.14
Stop Red Line: 155.23
Result: .37 to 1.13
Setup Grade
: B+
Notes: Large stop less shares, nice volume blowoff

* 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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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