Friday, September 13, 2013

Trade review 9-13-13

I got one of them right on Friday...

Hits:

ERB

A gap down fell steadily after the noise candle, yielding a short. It bottomed in the afternoon, moving sideways into the close, which was red by at least 9% Friday.

Misses:

PGRX

A gap down fell after the noise candle, faking out early shorts. After sideways moves it greened following lunch and closed along the flat line a bit under, red by 1% on Friday.

TPLM

Shorts were faked out twice likely here off a gap up that fell early after the noise candle and then made new lows after lunch. Then it advanced into the finish, ending up over 2% Friday.

DVR

A fake out loss short when a gap up fell soon after the noise candle to trigger. It bottomed in an hour then rose steadily. Sideways moves in the afternoon led to it ending red by almost 1% Friday.

Push:

GNVC

A no play push for potential longs likely when a flat debut rose after the noise candle steadily.  Moving sideways in the afternoon, it closed up over 22.5% on Friday.

HOLI

A gap down from the hod fell slowly but surely all morning, not going green nor making more annuals. It moved sideways and a bit up after lunch, ending down almost 2% on Friday.

IVAN

A no play push for potential longs when a gap down debut fell from open, printing the hod on the noise candle. It fell until late morning, whereupon it rose somewhat the remainder, closing south over 7% Friday.

Totals:
Daily record: W-1-L-3-P-3
25%     

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