Thursday, May 24, 2012

Trade review 5-24-12

I got nothing right on this day...





A fake out loss for buyers when this 1 cent gap up rose early, triggering. It fast peaked and headed back down to and under the flat line for good. It closed down by over 4% today.


Another fake out loss as early longs who trigger entered saw this collapse by lunch. It fell back to and under the flat line for most of the remainder, before closing the gap at the end. A loss nominally with commissions.


This eventually fell under the flat line by lunch, drawing some shorts in. Early longs probably lost with commissions given the likely entry point. It immediately bolted back over the flat line to trap shorts, and closed positive by a bit less than 1% today. A loser either way.



Wowsa. Another big up day upon the acquisition. It opened near the lod and never let up, closing off the highs but still positive by no less than almost 45% today. Shorts had no play here on a push.


Another flat close session. It almost triggered, equaling but not surpassing the trigger price. Finished unchanged on a no play push for bouncer longs.


A 1 cent gap down moved sideways and for like 1 candle equaled but did not exceed yesterday's high. No play obvious for longs. It continued to hug the flat line all session, closing unchanged today.


A 1 cent gap up fell out of the gate, going under the flat line. It kept decaying gently all session, ending south by almost 4% today. Another no play push for buyers.

Daily record: W-0-L-3-P-4


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