Monday, September 27, 2010

Gap n Go - RIG

Daily Chart

5 Minute Chart

1 minute chart

(Double Click Picture for a Larger View)
.
Stock:RIG
Entry Bar: 2
Time Frame: 5 minute chart

Entry Green Line
: 61.90

Stop Red Line
: 60.75
Result
:
Setup Grade
: B
Notes
: Nice Daily Chart, wide stop so buy with less shares. I like the one minute consolidation break.

* 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.

1 comment:

Anonymous said...

Nice trade

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