Thursday, April 18, 2013

Trade review 4-18-13

I got a pick right today...

Hits:

OCZ

An easy win short when a gap down fell from the noise candle slowly and steadily, printing the hod on it. It finished south by over 9.5% today.

Misses:

PCYG

A fake out loss likely when a gap up debut advanced initially for entry long. It soon peaked, and headed back to and under the flat line. It moved sideways along it the remainder, closing on an up note but likely under the entry point.

GTIV

Fake out loss likely when a gap down advanced and greened after the noise candle to trigger long. It peaked a little before lunch, and headed back down. It closed down almost 3% today.

Push:

BLRX

A no play push off a gap down debut that did not trigger long. It fell from the hod and bottomed in an hour, then moved sideways and down to end south by over 3% today. 

KEYW

A gap from the hod fell from the noise candle, denying longs a play. It bottomed near lunch. A rise followed, but the flat line easily held. Closed south by over 1.5% today. A push.

CRTX

No play push likely when a gap up debut moved sideways initially, then up to green, denying short a play. It bounced around the flat line just over the remainder, closing almost unchanged today.

RBCC

A gap up fell on the noise candle, then rose. The flat line held, but it moved under it around the open. It could not go under that, so most would have kept flat. Closed south by over 8% today. A likely push.

Totals:
Daily record: W-1-L-2-P-4
33%   

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