Monday, July 21, 2008

Wedge Buster - NTES

15 minute chart

Stock: NTES 15 minute bar
Entry Bar: 4
Entry Green Line: 21.93
Stop Red Line: 21.76
Result: .18 to .57...2.5R
Setup Grade
: B
Notes: Scale out and let it run all day.

* 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