Tuesday, July 29, 2008

Double Dynamite - EME

15 minute chart

(Double Click Picture for a Larger View)
Stock: EME 15 minute chart
Entry Bar: 13
Entry Green Line: 29.72
Stop Red Line: 29.50
Result: .42 to 1.40 ... hold all day 5R plus gainer
Setup Grade
: B
Notes: Little late in the day but sets up nicely, also set up on the 30 minute chart

* The grade is for the setup outlined in my buseinss plan & not for 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