Wednesday, November 5, 2008

Gap & Go - IACI

5 minute chart

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Stock: IACI 5 minute chart
Entry Bar: 2
Entry Green Line: 17.51
Stop Red Line: 17.12
Result: .22 to .56 could hold some to close with stop at entry and stopped out
Setup Grade
: B-
Notes: little risky with the market gapping down.

* 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.



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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