Thursday, January 11, 2007

Day Trade: Long LVS 30-min chart

Entry @ $100.13
Exit @ $105.15


  • After yesterdays strong upward momentum with heavy volume, the stock gapped down in the morning and pulled back to 38% retracement area.
  • Long entry at $100.13 on the break of the high of the 2nd cstick
  • Initial stop at $99.05 which is the low of the 2nd cstick
  • Sold 400 shares at $105.15 when the trailing stop was triggered
  • Trade closed with a gain of $2008 ( +4.6R )

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