Gap up surprise in GILD

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  With a gap up in the market and a narrow range day, I was happy to find GILD as a possible gap up surprise this morning.  Price triggered a 5 minute buy just @ 9:50 am reversal time that I entered with a small share size.  30 minutes later GILD triggered a second 5 minute buy that I added and went to a full share size.  Price in GILD continued to grind it's way up to my first two targets @ .37 and .56.  I had a longer target but I was actually wanting another perfect buy off the 15 minute chart that I could have added to my play and reduced my stop which never happened.  As lunch time was nearing an end I trailed out of my play @ .65 as the market looked lower from here.  A nice 1 risk unit trade that made my day...

GILD 03312013
GILD 03312013

    

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