Tuesday, February 13, 2007

Day Trade: Long ICE 30-min chart





Source : Focus List




Entry : $147.49




Exit : $151.00




Stop Loss : $145.95




Risk : 1.54




Gain +/- : 3.51




R : 2.28
This stock broke out of a DESCENDING CHANNEL on the 1st cstick with above average volume. Entry at 4th cstick on the break of the high of the 3rd cstick. Closed position before the close.

2 comments:

Phileo said...

Hi MC,

Great job on the ICE trade. I notice that ICE is fast becoming one of your favourite "goto" daytrade. Nice!

MC said...

phileo,

It is in the top of my FOCUS LIST. NMX NYX as well.