Monday, December 16, 2013

Trade review 12-16-13

I got a pick correct on Monday...

Hits:

ACRX

A big win long on a clear gap up with strength that just kept going, ending up almost 18% today.

Misses:

TNK

An early fake out long on a gap up that triggered peaked early and reversed, eventually going under the flat line and closing south by nearly 1% today.

AXIH

A loss either way since early weakness on that trigger reversed enough to close above the trigger, and any early trigger long on the reversal fell back under by the end. Closed down over 4.5% today.

Push:

CYTR

A big gap down impeded shorts, and this soon bottomed and bounced, holding the flat line. It steadily fell from there, ending down over 8% today. No play.

WMIH

We never got an actual 2.10 fail the low was a tape print stick. It mostly moved sideways above that until it ended up over 7% today.

AT

A no play push off a gap down that never triggered long. Falling early, it rose steadily from late morning on, but never greened. Closed down over 1.5% today.

NQ

Another no close above the trigger price for longs candle, which then fell under the flat line for good, moving  mostly sideways and ending down almost 3% today.

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

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