Thursday, June 06, 2013

Trade review 6-6-13

I got some plays right on Thursday...

Hits:

CRTX

A winning long when a gap down went red to green for early entry. It soon fell back to the flat line but held. Then it slowly rose, with a few more flat line holds before closing strongly and up over 2.5% today.

URG

A narrow win short likely when a gap down rose on the noise candle, before falling steadily. Once it passed under the open it was an entry. The decline ensued until a late recovery ended it red by over 4.5% today.

BBN

A gap down from the lod rose and triggered long. Steadily climbing, it peaked near lunch then gradually decayed, closing up over 1.5% today to win for buyers.

Misses:

ASCC

Possible fake out short when this gap up moved sideways along the flat line before falling under it and the open for entry. It recovered a little into the close, which was up less than 0.50% today.

HNR

Fake out loss likely when this gap up advanced initially and triggered. It peaked in 20 minutes, then fell steadily down to and under the flat line. Closed south by over 1.5% today.

NORX

A fake out loss likely when a gap up rose initially over 1.64 for longs to enter. It collapsed after lunch under the open and flat line. Closed down over 14% today.

AINV

A fake out loss long likely when a gap up debut rose over the open and trigger to entice buyers. Peaking in 15 minutes, it fell back to and under the flat line, bottoming near lunch. A slow climb back to the gap line followed, and it ended up less than 0.50% today.

Push:

None.

Totals:
Daily record: W-4-L-0-P-3
42%   

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