I got some picks right on Friday...
Supernovae pop that opened on a gap down, but began dumping from get go evenly all day into the close, which was negative by over 20% on the session.
Easy long scalp that played almost exactly as I outlined. Holding for many minutes past the initial spiking up lost money, as this junk finished down by over 10.5% on Friday. Early price action mirrored that of Thursday.
This did not open on a gap up, setting the stage for a gap and crap, but it went green 5 minutes in, and soon went green to red for good, evenly dumping all day into the close, which was south by over 15% on the day. Good enough to claim a win.
Ambulance chased as this opened on a gap down and save for a spike dead on the minute 5 candle, when entering was still questionable, it tanked the rest of the way, though it finished off the lows gradually. It never actually went green, missing that by a few cents on the spike, with heavy volume selling. Red by over 29% on Friday.
I still think this is junk, but it opened on a gap up at the hod and then fell, it did not spike up for a long scalp. True, it later went red to green and stayed that way, but it also well took out the previous session close which could have stopped early longs out. Since I saw this mostly as a short except for a scalp, it is loss both ways.
Not a win despite the red close by over 1% on Friday, because all of that was lost in the gap down that opened near the lod. Spent much of the time trying to fill the gap, with a narrow range candle body on increasingly lower volume. The hod printed in the first 5 minutes of the day. But a 15 minutes in, the stock faked out shorts by going red but not staying negative. Such whipsawing could have lost money, hence a loss.
Arguably a win as it moved up from the gun, for the first 10 minutes, but the gap up open provided too little upside, and it tanked on the minute 10 candle, though the low on that was only equal to the previous close, and by that time most would have been out with a no gain or slight win on the short term long. It actually went a bit lower thereafter but it recovered gradually and finished green by over 9% which meant the pump kept the beat through the weekend. All things considered, at least a push is merited for direction & modest gains.
Daily record: W-4 L-2-P-1
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