Trade review 8-11-10

I got several of these plays right...

Hits:

TKOI

Nice fade from early en route to a red finish of nearly 12.5%

HLCS

Opened at the high, then fell fast, before sporting a gentle glide to a down finish of 7.5%

AAU

Opened at the high, then fell over 5% in a slow, steadily declining session for the most part.

RMX

Opened at the high, then tanked nicely en route to a bearish finish of 10% with a textbook afternoon fade.

WWWW

Finally this stubborn consolidation cracked near term technical support at 4.40, en route to a red finish of nearly 6% for the shorts.

Misses:

LQMT

Supernovae kept maturing up over 12% but it tanked kind of, early on so arguably a push. A strong close.

HOOK

Save for one big spike late morning, this failed to advance, and it faded in the afternoon, closing red by over 1%  which makes any case for a push result shaky, so it must be scored as a loss.

Totals:
Daily record: W-5 L-2
71%


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