Tuesday, November 18, 2008

Sling Shot - DRIV

15 minute chart

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Stock: DRIV 15 minute chart
Entry Bar: 20
Entry Green Line: 17.43
Stop Red Line: 16.87
Result: .24 to 1.30
Setup Grade
: B
Notes: This sprang with the market, well beaten down. 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.

Learn to trade gaps

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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