Tuesday, March 11, 2008

GTLS Entry and a Speculative Play

I entered GTLS today, 400 shares at an average price of $34.22. This is one of my favorite setups, the earnings breakout-pullback. Take a look at the awesome volume pattern. My stop is just below the breakout bar, with an initial target at $38.



I wish I had time to highlight the rest of my trades today. I have plans to make one brave, speculative and possibly foolish trade tomorrow that is based on instinct rather than one of my usual setups. More to come . . .

1 comment:

Yoongy man said...

Hi,

What do you use for stock scan??

Keep up the good work! I am more into canlism style trading, but reading your charts are much fun for me!