Thursday, January 11, 2007

Day Trade: Long BIDU 30-min chart

  • The stock was very active yesterday and was hitting new high price. A possible trend continuation play
  • Long entry at $130.27 of the high of the previous day
  • Initial stop at $129.10 which is the low of the first cstick
  • Sold 400 shares at $132.50 when position was stopped
  • Trade closed with a gain of $892 ( +1.9R )

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