LOW

Posted on February 27, 2006
Tags: Day Trading |

The market was going up this morning so I was looking long. My top candidates were GNBT and NVAX however they didn’t give a dummy spot in the morning. NVAX did setup towards noon time but by then I went with LOW. I don’t normally trade NYSE stocks simply since there are a lot of NASDAQ ones moving and printing high trade rates. Anyways I stalked LOW for a reversal in the morning and entered off the 4th 15min bar and closed end of day for +3.2R profit.

P.S. TXU and VOD also show nice charts with good dummy spots.

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