Friday, June 21, 2013

Trade review 6-21-13

I got some plays right on Friday...

Hits:

FRAN

A winning long off a gap up near the lod that moved sideways initially, then up steadily for entry. It moved sideways for hours, closing up almost 4% Friday.

PFMT

A nice win long when a gap down roe from the nosie candle to trigger just after. A flat line challenge held, and it rose slowly the remainder, closing north by around 3.5% Friday.

Misses:

CLWR

A fake out loss long likely when a gap down moved sideways and a bit negative, which triggered/greened after lunch. It fell a bit from there, ending positive not much more than 0.50% on Friday and under entry.

NKTR

A fake out loss short likely when a gap up steadily fell to the flat line and under for entry. By lunch a slow march up to trigger followed, and it ended up over 3.5% Friday.

OTIV

A fake out short likely when a gap down rose a bit initially, before falling under the open and flat line for entry on the 1.50 fail. It bottomed in an hour, then rose gently, ending down over 1% but around 1.50. Loss.

Push:

PGRX

A huge gap down prevented entries in any direction. Shorts had no chance. It moved sideways the remainder, closing red by over 69% on Friday. Much of this lost in the gap.

DRRX

A no play push when a flat debut printed the hod on the noise candle under the trigger long. It steadily fell afterwards, going green to red and bottoming around lunch. It rose a bit, ending red by over 7% Friday.

Totals:
Daily record: W-2-L-3-P-2
40%   

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