Sunday, April 15, 2012

Trade review 4-13-12

I got almost all of these things correct on Friday...

Hits:

ASWR

A gap up and crap from the hod commenced with a green to red move early on, yielding a short. It moved sideways under the flat line most of the way, closing down by nearly 11.5% on Friday.

NEWL

A gap down and crap from the hod with even steady decay yielded a short, and later sideways moves the remainder, as this closed red by over 28% on Friday.

GPRC

A gap down near the hod moved sideways and soon down under the open, yielding a short. It dived a while, then moved sideways the remainder, closing south by over 9.5% on Friday.

MIPS

A great short on a gap down and fall fail back under 6.50 and holds. It moved under on the noise candle and an entrance on the next one or so early morning gradually decayed and sped up at the end. The initial highs held easily, and it closed negative by over 4% on Friday.

RENN

A great long on the red to green move I specified as possible. We hit over 7 early, and retraced but initial lows held, as it did on another one. An afternoon break out helped it end positive by almost 7% on Friday.

Misses:

None.

Push:

SIGM

A no play lacking a trigger. A clear gap down at the hod fell at once, giving longs no entry option. It bottomed in an hour and moved sideways and up, but not enough to matter. Closed red by over 2% on Friday.

WRES

A 1 cent gap down fell steadily from near the hod for almost 2 hours. No trigger or play for longs. It then moved sideways most of the way, closing south by over 4.5% on Friday.

Totals:
Daily record: W-5-L-0-P-2

100%

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