Monday, November 17, 2008

Sling Shot - AMT

15 Minute Chart

(Double Click Picture for a Larger View)

Stock: AMT 15 minute chart
Entry Bar: 7
Entry Green Line: 25
Stop Red Line: 24.33
Result: .25 to 1.00 with a break even for any remaining.
Setup Grade
: B-
Notes: Not a great setup, liked the volume, I scale out of these quickly, and let a little run

* 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