Monday, February 9, 2009

Gap and go - TSO

5 minute chart

(Double Click Picture for a Larger View)
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Stock:TSO 5 minute chart
Entry Bar: 2
Entry Green Line: 18
Stop Red Line: 17.80
Result: .19 to .83
Setup Grade
: B
Notes: on the daily this has been on a tear as of late. Gap up hammer, would prefer more green.

* 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