I got a few picks right...
Gap up but with a textbook afternoon fade which began to fall under the opening price about 2.5 hours before the market close with the last hour going green to red outright. Finished down over 11% on the day.
Clean gentle fade most the session from a flat hod open. Stock began trading under its opening price quite early, and never recovered. Closed red by over 10.5% on Friday.
Honesty prevents me from claiming at least a push or even a win on a fade play failure at 6. The first test it reversed at exactly 6, but the choppiness continued and it faked out everyone on a few later attempts. Much more importantly, it went green to red well after the first 5 minutes of the session but early enough to fake shorts out. It then recovered and began to squeeze. Despite a red finish (of less than 1 half of 1 percent) a loss is the proper result to record.
Another sizable gap up ruined an easy short, suggesting a flat stance and no entry. I would like to claim this as a win as it finished lower than it opened, but it was still green by over 17% and while it faded from the bell out of a hod open, it never traded below the previous close owing to the gap up. I was right about the scalping odds, but without better weakness cues only staying in cash made sense. A push is the proper result here.
Daily record: W-2 L-1-P-1
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