Monday, January 29, 2007

Day Trade: Long ATI 30-min chart

Entry @ $100.86 / 700




Entry : $100.86




Size : 700




Exit : $103.24




Stop Loss : $99.95




Risk : 0.91




P/L : $1,666.00




R : 2.62

Another CUP & HANDLE basing. Entry was on the break of price channel creating the handle. Sold the position on the 9th cstick when price (8th cstick) showed some distribution after hitting all time high.

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