Friday, June 14, 2013

Trade review 6-14-13

I got some plays correct on Friday...

Hits:

CERE

A winning short off a gap up that steadily fell from the noise candel for entry. It rebounded, but the initial and flat line held, and then it resumed tanking, ending down over 11.5% Friday.

UQM

A winning short off a flat open that moved sideways a bit, then declined  for entry. It tanked into the close, ending down over 5% Friday.

ARRY

A gap up yielded a winning long after it moved sideways initially. It then advanced steadily for entry. It kept a slow move up all session, ending north by over 4.5% Friday.

VPCO

A gap down rose from near the lod, triggering a long in 20 minutes. A drift up slowly ensued, closing north by almost 19% Friday.

Misses:

SID

This gap down went red to green early for a trigger long about 30 minutes in. It peaked during lunch, then declined slowly, ending up less than 0.50% Friday. This was a loss at least on commissions.

CHI

Fake out loss short possible when a gap up advanced initially, then fell under the open and flat line after lunch for entry. It rebounded into the close, which was up nominally on Friday.

Push:

ATSG

A flat debut rose on the noise candle, and it hit the flat line but it essentially held. No more new annual highs. Longs had no obvious play. It soon fell below the gap line for good, down over 2.5% Friday.

Totals:
Daily record: W-4-L-2-P-1
66% 

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