I got some of these things right today...
A gap up and crap printed the hod on the noise candle. Then it fast fell red and kept sliding all day, closing south by over 14% today.
An easy win when a gap up near the lod just steadily gained modest ground. It weakened late and into the close, but was nominally above the likely entry price. Finished positive by nearly 4.5% today.
A gap up and go that broke out nicely all session. It stayed positive and ended near the highs up over 10% today.
A gap up fake out that weakened early, then reversed. After making a new high by a cent, it went sideways and collapsed steadily after lunch. This continued into the close, which was south by over 0.5% today.
This looked like a good long early, but it was a head fake. Peaking 20 minutes in, it fell green to red. More declining followed the rest of the way, and it closed negative by almost 9% today.
A push as this gap up advanced from near the gun, a sign to keep flat if wanting to short. It eventually peaked and declined the rest of the way, but was still green due to the gapper by over 5% today. A daily doji print.
A good example of why you do not buy or short the noise candle. It did not spike, but printed green on a gap up. But the very next one was below the open, so it was easy to keep flat if intending a long. A green to red move soon followed, and decay kept mounting into the close, which was negative by 25% today. A no play.
Daily record: W-3 L-2-P-2
Off table, DEGH sported a perfect morning panic gap up and crap that fell red fast and bottomed in the 1st 30 minutes. It slowly inched north the rest of the way, but closed weak and down over 27% today. A win.
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