Monday, March 17, 2008

Tonto Trade – AMGN (again)



Since I traded AMGN on Friday, I kept the chart handy to see if it would continue the nice downtrend. And it did!
AMGN printed a WRB and then made a weak attempt to recapture the 5EMA, but it couldn’t. I entered on the break of the 4th bar, and exited when AMGN started the sideway motion.

2 comments:

bl said...

Nice trade with the direction of the market 4/15.

anarco said...

Thanks bl!