Tuesday, December 03, 2013

Trade review 12-3-13

I got a few plays right on Tuesday...

Hits:

CAMT

Bingo. A gap down advanced initially, then reversed steadily fading. A short under the open it kept going, ending down over 20% today.

ELTK

Ditto. This gap down rose after a weak noise candle, but soon peaked just over the flat line, then it reversed, yielding a short under the open. It kept going, ending red by over 8.5% today.

BSPM

A likely winning short on candle 2 early entry short when this gap down failed 2.50 and kept going. It bottomed in 50 minutes, then rose and moved sideways the remainder to end down almost 9% today.

Misses:

DSS

Fake out short likely off this gap down that failed 2 around lunch. It rose in the afternoon, closing down over 4.5% today via the gapper but likely above the entry.

Push:

ZOOM

No fake out short with this price action. It opened on a gap down and rose from the noise candle steadily. Greening for good, it moved sideways late morning and after to end up over 9% today.

XOMA

A no play push off this clear gap down that never greened until the very end, denying longs. No new annuals.

REE

No play push long when this gap up moved sideways and down under the gap line most of the day, en route to a green finish of over 0.50% today. Almost but not quite triggered.

Totals:
Daily record: W-3-L-1-P-3
75%   

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