Sunday, April 01, 2012

Trade review 3-30-12

I got some picks right on Friday...

Hits:

OPHC

This rose at once, then peaked early and gradually fell to and under the flat line, triggering a short. It hung around there most of the day, holding the previous initial high, with a nice afternoon fade to end down by over 9.5% on Friday.

CAGAQ

A gap down not far from the hod fell steadily all session, closing down over 28.5% on Friday.

Misses:

PCX

A fake out loss that looks like a push since the hod was on the noise candle. But it hit over the trigger price twice early on after the debut stick. A steady dump ensued to redden for good, down by nearly 5% Friday.

IAHL

Another fake out loss when a flat open rose initially, but fell red after the noise candle, before return positive. It stayed north the remainder and closed up almost 4.5% on Friday.

Push:

KIOR

A big gap down zoomed straight up from the noise candle, soon greening. It was unplayable. It hung around the flat line for hours, then advanced in the afternoon. But a weak close ended it red by a bit over 0.5% on Friday.

AGEN

The noise candle put in the hod, and following ones fell so entry was impossible. It recovered to the flat line, but could not get over clearly. A weak afternoon followed and it closed down by almost 2.5% on Friday.

STRI

A no trigger as this hung just above the flat line most of the way. It closed positive by over 1% on Friday.

Totals:
Daily record: W-2-L-2-P-3

50%

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