Friday, October 25, 2013

Trade review 10-25-13

I got one of them right on Friday...

Hits:

PACR

A gap up from the lod advanced from the noise candle, yielding a long. It kept going, peaking late morning, then steadily fell, ending up over 4.5% Friday. A win.

Misses:

ZLCS

A fake out loss long when a flat debut rose initially to trigger after the noise candle. It peaked in 40 minutes in, then faded, hugging the flat line and eventually reddening to end down almost 3% Friday.

ALJJ

A possible fake out short when a flat debut fell under the open by lunch for entry. Then it slowly rose most of the remainder, closing down somewhat less than 1% but no better than equal to entry, so with commissions...

Push:

PRKR

A gap up advanced initially, denying shorts any play. It retraced but mostly moved sideways and above the first lows, so it's a push. Ended up over 7% Friday.

AVEO

A no play push lacking a trigger as it did not exceed 2.35. A gap down open printed the hod on the open and fell soon after, going red for good and closing down over 1% on Friday.

GAME

The hod on the trigger printed on the useless noise candle, so potential longs would have kept flat. It fell had on that one, and reddened. Keeping going, it ended down almost 7% on Friday.

HTLD

A no play push long likely when a gap up from the hod printed it on the useless noise candle. It fell from there, not closing above the trigger and going slightly red, moving sideways and ending down less than 0.50% Friday.

Totals:
Daily record: W-1-L-2-P-4
33% 

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