Trade Review OCZ "How to Play Intraday Gap Fill"

 

Here is a trade on $ocz that we took on friday. This stock had multiple setups but the main trigger was a gap fill on the intraday chart. When coupling that entry with the daily chart being so extended you have the basis for a proper setup.

 

Shorted 700 shares 6.72 covered 1/2 6.46 and other 1/2 6.29

 

I give myself a B+ on the setup. I could have timed it better i was 30 minutes early but still not bad

 

[screencast url=”http://screencast.com/t/LD677gExQMK” width=”” height=””]

 

 

 

 

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