Tuesday, January 09, 2007

Day Trade: Long WBMD 30-min chart

  • The stock is active with strong upward momentum and confirming volume
  • Long entry at $43.25 on the break of the high of the 7th bar
  • Initial stop at $43.00 which is the low of the 7th bar
  • Sold 500 shares at $45.15 before the close
  • Trade closed with a gain of $950 ( +7R )

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