Wednesday, April 18, 2012

Gap and Go - WYNN



Daily Chart
 



5 Minute Chart
 
.


Stock: WYNN
Entry Bar: 2
Time Frame: 5 Minute
Entry Point: 129.96
Stop: 128.48
Exit Goal: scale some at 131 and trail the remaining.
Result: hit target quickly
All or Nothing Result: ALL
Notes: Nice gap on the Daily. Setup nicely on the one-minute chart as well. WYNN also had a nice 15 minute 123 Setup as well.

* All or Nothing means to place a trade, set a exit goal and a stop, and not to manage the trade unless it’s the end of the day. Feel free to post any trades you made today that you would like commented on.

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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