Tuesday, June 24, 2008

Gap and Go Short - KSS

5 minute chart


Daily Chart


Stock: KSS 15 minute chart
Entry Green Line: 41.09 SHORT
Stop Red Line: 41.92
Result: .73 to 1.09
Setup Grade
: B-
Notes: I liked the way it looked on the 5 minute chart, otherwise may pass on this setup, a little extended over several days but did break down on the daily chart.


* 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

2 comments:

QQQBall said...

nice job of exiting there! squeezed a respectable amount outta that set-up. very nice

How I Day Trade said...

thank you QQQball, hope your doing well

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