Thursday, September 16, 2010

15 miunute Gap & Go - FSLR

5 minute chart consolidation

15 minute chart

Daily chart

(Double Click Picture for a Larger View)
.
Stock:FSLR
Entry Bar: 2
Time Frame: 15 minute

Entry Green Line
: 142.01

Stop Red Line
: 141.39
Result
:
Setup Grade
: B
Notes: Consolidating on the 5 minute chart and a break on the daily chart. Scale out as you go.

* 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