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New position opened

Another stock, which meets my criteria is Visa (V). When you take a look at the chart, the stock is making new high highs and new high lows. Volume is above average and recently the stock showed a small retreat to the trend line. Today it turned back up and the oscillator is indicating a turning point. ADX is above 34 points, so the stock is trending up in a strong trend.
So I entered a buy order tonight to buy 27 shares (based on 3% of total trade risk) of V at market price.
Tomorrow this order shall be executed and if so, I will update this post with current entry data.

In the morning next day I bought the stock:

05/19/2009    09:30:53      Bought  27  V  @  66.03

and I set my stop loss at $59.61





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