Big T is back on the warpath...
Hits:
DSTI
Second red day proved to be a nice short with an early drop and slow gradual fade action as a chaser.
LPX
Breakout achieved, even if modest, the chart pattern held up and it was an easy entry long over 8.10 to bank.
JRN
Tested and held 5, though volume remained meek. Nice early rise to overcome the aforementioned key level.
Misses:
IDIX
Clerical error here. I meant 6 was the key level, not 9. I meant 5.90 not 8.90. When I was scanning I somehow put the wrong price levels on the chart. I hope everyone figured it out by looking at the pattern and the resistance markers I honed in on. Still, the breakout was at best a fake out but it did not really correct either. I can only fairly count this as a loss.
ISLN
I did not consider this as a short, despite the result today, due to the surrounding earnings winner details. It did not continue the party today for the longs, so it must be scored as a loss.
Push:
MNTA
This really panned out early for the longs, as suspected. A decent scalp at minimum, as I opined, but I also leaned toward the shorting scenarios that never permitted a good entry, so a push is in order here.
Totals:
Daily record: W-3 L-2 P-1
60%
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