Tuesday, April 23, 2013

Trade review 4-23-13

I got some plays correct on Tuesday...

Hits:

CPRX

A gap up fell from the hod after the noise candle, yielding a short. It closed down over 13% today.

RPTP

This flat debut closed above the trigger and opening price by an hour in or so, yielding a long. It moved up and down above the flat line, closing even higher and north by over 2% today.

PMCS

A very narrow win with entry off a gap up debut that triggered 50 minutes in for entry long. It peaked near lunch, then gradually faded, closing just above the entry price if taken, around+1%.

Misses:

DCIX

A fake out loss long when a gap up closed above the trigger early and after the noise candle. It moved along the flat line and straight most of the way, closing weakly and unchanged.

APP

A fake out loss long when a gap up open moved above the trigger and debut within 30 minutes. It gradually decayed back to the flat line and under, closing not more up than 0.50% today.

OSTK

A fake out loss short likely when a gap up fell and reddened soon after the noise candle. It gradually made its way back to the flat line, closing down no more than a hair.

Push:

CECO

A gap up rose from the lod, never triggering short. It kept rising, closing up over 7.5% today. No play push.

Totals:
Daily record: W-3-L-3-P-1
50% 

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