Thursday, October 24, 2013

Trade review 10-24-13

I got some of them right on Thursday...

Hits:

PRKR

A nice short early after the noise candle and moves below the flat line, up until ceased trading. It fell even more after that, ending down over 59% today.

ASTC

Another nice short off a gap up debut that advanced early after the noise candle, but yielded an entry after lunch. It kept declining, closing red by almost 2% today.

Misses:

ALJJ

Fake out loss, at least factoring in commissions and entrance price, is likely off this gap down that fell early after the noise candle. It bottomed after lunch, then rose the remainder, closing down less than 1% today.

STXS

A gap up rose early, triggering long. It peaked in in 40 minutes, then decayed the remainder, going under 5 eventually, and ending down almost 5% today. A loss by fake out.

Push:

SMED

A push likely off a gap up that fell steadily from the noise candle. After reddening, it kept going, ending down over 4% today. No play long.

VICL

A no play push lacking a trigger. A gap down fell red early, then stayed so all session, ending down a  bit more than 0.50% today. Longs had no play.

BPFH

A no play push likely for potential longs, as the trigger only passed with 30 minutes to go in the session after sideways moves below the flat line prior. Closed up a bit over 0.50% today.

Totals:
Daily record: W-2-L-2-P-3
50% 

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