Monday, December 30, 2013

Trade review 12-30-13

I got some picks correct on Monday...

Hits:

FREE

A nominal win short on an entry near lunch under the initial candle low. It continued to decline, closing red by almost 14% today.

BEAT

A winning long 15 minutes in on trigger when this gap up kept rising early, eventually moving sideways with an up tilt and finishing up over 2% today.

Misses:

TGRO

A possible short fake out on early moves under the open and flat line. It rebounded over, closing weakly and up at least near 1% today.

IFON

A fake out short likely when a gap down debut fell initially, then reverse and greened. It ended up over 5% today.

Push:

KNDI

A big gap up discouraged longs, and this moved mainly sideways, en route to an up end of over 2% today.

REE

No play on a gap up at the hod which fell from the noise candle until later morning, denying longs entry. It then moved sideways, closing red by over 6.5% today.

BIOL 

A very large gap up negated entry in any direction. Predictably, it fell after an up noise candle, eventually ending north by over 17.5% today.

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

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