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Saturday 5 October 2013

Opening Range Breakout - Microsoft

On Friday Sep 27, Microsoft gave a very good opening range breakout trade. Sharing this trade for the benefit of readers. 

The stock made a high at 33.24 within 15 minutes of opening and then started consolidating at day's high. A breakout with increase in volume was observed 60 min after the market opening, giving a signal to do a breakout trade. Gave quick scalping points 33.60 and second lot at 33.70. 

To learn more about Opening Range Breakout System for day trading, please visit our trading course. 



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