Day Trade: Long FMCN 30-min chart

Entry @ $82.59 / 700 ***late posting***

				Entry	:	$82.59
				Size	:	700
				Exit	:	$84.87
				Stop Loss	:	$81.85
				Risk	:	0.74
				P/L	:	$1,596.00
				R	:	3.08

This is a classic DUMMY trade setup. The first 2 csticks shows intense buying followed by NARROW RANGE csticks which offered low-risk entry for the DUMMY traders. Entry was on the 5th cstick on the break of the high of the pivot cstick. Sold 700 shares before the close.