Monday, December 10, 2012

Trade review 12-10-12

I got several picks right on Monday...

Hits:

MBLX

A 1 cent gap down rose initially, then began to fall under the open an hour in for the short. It traded sideways the remainder and closed off the lows, but ended down about 4.5% today.

UNXL

I aced this as a gap up from the lod rose steadily all session, triggering a long. It ended up over 54.5% today.

SEAC

A modest win for shorts likely when a gap down rose out of the open, then fell under the debut about 45 minutes in, triggering a fade. It kept falling, then bottomed near lunch and moved up slowly, ending red by over 3.5% today.

Misses:

LPSN

A fake out loss likely for longs when this gap up rose early and triggered the 1st 1.5 hours in. It then steadily fell most of the remainder, ending up nearly 0.5% today. This would have been under the entry point.

Push:

CBMX

This mostly rose out of the gate from a gap down until about an hour until lunch, then began to slowly decay. But it remained above the flat line and 10, and shorts never had a shot at it. Ended up over 20% today.

GRPN

This fell just after the noise candle, then rose until the 1/2 hour in point, but never triggered. A steady decay followed, and it ended red by over 9% today.

DCIX

This fell off a gap up from the hod steadily from the open, bottoming near lunch. It began to rise the remainder, but ended down by over 0.5% today, never triggering.

Totals:
Daily record: W-3-L-1-P-3
75%

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