Tuesday, June 11, 2013

Trade review 6-11-13

I got some plays right on Tuesday...

Hits:

KNDI

A gap up with early upside reversed, falling under the open and flat line, yielding an entry fade. The initial high held and it closed weakly and down over 1% today.

AVNR

A winning long when a gap down rose from early on to green for entry. It peaked in an hour and change, then headed to the flat line but closed strongly and up over 2.5% today.

AVEO

A gap down rose steadily after the noise candle, triggering long and greening. This advance kept up the remainder, ending up almost 10% today.

RSOL

A winning short likely when a gap down rose and failed to fill, peaking somewhat under 3.30. It headed back down below the open and trigger for entry. A slow decay ended south by ovr 11.5% today.

Misses:

VNET

An early fake out loss when a gap down fell on the noise candle, then reversed. It retreated again and under the open for entry short. It soon gradually recovered, greening. Closed up over 0.50% today.

Push:

HSOL

A no play push lacking a trigger long when a gap down at the hod went sideways a bit after an up noise candle. Then it fell steadily, closing down almost 7% today.

BBVA

Another no play push long when a big gap down discouraged any entry steadily filled but did not ever trigger. It eventually moved sideways and closed south by nearly 3% today.

Totals:
Daily record: W-4-L-1-P-2
80%

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