Wednesday, January 10, 2007

Day Trade: Long BIDU 30-min chart

  • The stock is active with strong upward momentum and confirming volume
  • Long entry at $127.20 on the break of the high of the 6th cstick
  • Initial stop at $126.50 which is the low of the 6th cstick
  • Sold 500 shares at $128.60 before the close
  • Trade closed with a gain of $700 ( +2R )

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