Tuesday, January 16, 2007

Day Trade: Long WYNN 30-min chart

Entry @ $104.55 / 700
Exit @ $107.73

***update 11:27pm***


  • The stock was active yesterday with strong upward momentum bias. Trend continuation play
  • Long entry at $104.55 on the break of the high of the FLAT CHANNEL base
  • Initial stop at $103.75 which is below the last cstick yesterday
  • Sold 700 shares at $107.73 before the close
  • Trade closed with a gain of $2226 ( +3.9R )

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