Friday, January 12, 2007

Day Trade: Long AMAG 30-min chart

Entry @ $63.14
Exit @ $63.81


  • The stock was active yesterday with strong upward momentum bias. Trend continuation play
  • Long entry at $63.14 on the break of the high of the 3rd cstick
  • Initial stop at $62.73 which is the low of the 3th cstick
  • Sold 500 shares at $63.81 before the close
  • Trade closed with a gain of $335 ( +1.5R )

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