Wednesday, November 12, 2008

30 Minute breakdown - STO

5 minute Chart

(Double Click Picture for a Larger View)

Stock: STO 5 minute chart
Entry Bar: 7
Entry Green Line: 16.33 shortStop Red Line: 16.51
Result: .18 to .80 , let some run all day
Setup Grade
: B+
Notes:

* The setup grade is based on rules outlined in my business plan & not for the end result. Feel free to post any trades you made today that you would like commented on.
Learn to trade gaps

No comments:

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