Trade review 7-2-13

I got some of them right today...

Hits:

CLNO

A win short when a big gap down filled from the debut but soon headed back under the flat line and open for entry. A return to the gap line essentially held, and it closed weak and red by over 11.5% today.

PTRC

A winning short when a gap up fell from soon after the open for entry. It kept decaying, en route to a down finish of over 10% today.

WAVX

A slow decay all session off a gap up yielded a short. It closed down over 4.5% today.

Misses:

EGAN

A fake out loss short likely off a gap up that rose initially, and fell under the trigger in the afternoon. A strong close followed, and it closed nearly unchanged and above the probable entrance price.

KVPHQ

A probable fake out short when this gap down panic dumped early for entry. Then it steadily rose to the flat line, closing down over 4% but about where it opened.

Push:

MOBI 

No play long off a flat debut which fell hard initially, then rose to the flat line. It did not get much over and made no more new highs. A steady fall followed, and it ended south by about 7.5% today.

HNR

A no play push long off a flat debut that fell steadily and under the flat line after the noise candle, never triggering. It bottomed in 30 minutes, steadily rose and even greened, but ended up a bit over 0.50% today.

Totals:
Daily record: W-3-L-2-P-2
60%  

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