I got some of these things correctly...
Opened a bit down, hugging the flat line most of the day until an afternoon dump fade provided a shorting cue. It recovered somewhat into the close, but still finished red by over 5.5%
Opened on a gap down, but drifted south below the opening price steadily all day. A shame too much of the gap lost the shorts their gravy, but it did distribute evenly. Very bearish price action never even challenged the 52's so once the negative open relative to the previous close began trading under the current day's opening price levels a boring short entry beckoned. Red close by nearly 7.5%
Easy gap and crap opened up near the hod and then tanked beautifully all day, finishing south by almost 16% today. My best play call for this session.
I can claim partial credit here for the early moves up, but this gap down just failed to inspire all day. Closed red by about 1.5% on the day. Choppy, consolidation flavored price action merit a loss rather than a push. I was overtly bullish here with some objective justification and it just did not pan out.
Here the hod closer gapped down so even over night holds lost money. Worse, this proved to be the hod as it closed red by close to 3% today. Go figure! Sometimes, even good set ups can fail, as was the case here.
Same old story. Flat lod open never retreated, going barely up and mostly sideways all day, en route to a green finish of much less than 1 half of 1 percent. Since no cue signal appeared at any time, no play whatsoever.
Up over 77% today, this gap up never really provided a weakness cue to short into, so staying flat was the only sane path. It kept going steadily up into the close.The brief print below the opening price occurred about 18 minutes in and was so quickly demolished back upward, I doubt many shorts were sucked in and then squeezed. Especially as it look so strong early. A push is order here.
Daily record: W-3 L-2-P-2
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