Monday, September 09, 2013

Trade review 9-9-13

I got some plays correct on Monday...

Hits:

ZIPR

A gap up fell from the noise candle and after, triggering a nice short. This continued for an hour, then rose a bit but not enough, finishing red by over 7% today. 

JNY

A bare win for longs when a gap up rose triggered late morning for entry before lunch. It moved sideways the remainder, closing up over 1% today.

Misses:

GNVC

Fake out loss short likely when a gap up fell soon after the open and went red, yielding an entry. It moved sideways most the way and rose into the finish, ending up over 1% today.

SINO

Fake out long likely when a gap up rose initially, peaking early. It then fell red and stayed there, closing south by over 2% at least today.

ABIO

A fake out loss long possible when a gap up fell initially, preventing entries, but rose to trigger around lunch. It fell from there, closing unchanged today.

Push:

LTCHD

A big gap down precluded shorts. It opened at the lod and rose from there, closing down no less than over 5.5% due to the gapper. No play.

QTM 

Another no play push lacking a trigger when a flat debut opened from the lod and slowly rose the remainder, closing up over 2% today.

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

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