Thursday, November 18, 2010

Gap and Go - QGEN

5 minute chart

Daily Chart

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

Entry Green Line: 19.17
Stop Red Line
: 19
Result: up to .34
Setup Grade
: B
Notes
: Not the best daily chart but took it as a breakout with the markets gapping up strong. Scale out as you go, hold some until close or entry price is hit.

* 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:

StockKevin said...

Did that handle form for QGEN on that five minute time frame?

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