A dummy a day: Pharmasset, Inc. (VRUS)

Since day trading is a lot about recognizing the patterns in charts, I have decided to post a chart every day that would have resulted in a profitable dummy trade. I will post these in the dummy-a-day category which you can simply click to review for practice. The chart will be displayed as it looked when the trade should have been executed, and when you move your mouse over the image, it will show how the trade would have resulted.
VRUS set up for a perfect dummy trade today:


If you bought VRUS when it broke above the 10:00 inside candle at $16.15 with a stop below it at $15.72, you would risk 43 cents. Holding until the end of the day would have given you 415 cents for every share you owned, or about 9.65 times your risk.



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