Friday, December 06, 2013

Trade review 12-6-13

I got some of them correct on Friday...

Hits:

PLUG

About a 2 cent win short on candle 2 after a clear gap up when this fell for an hour, then rose a bit and moved sideways to end up over 13.5% due to the gapper.

ADMP

A winning short when this slight gap down fell from the noise candle and after for entry. It kept falling until lunch, whereupon it rose a bit and moved sideways until it ended down over 12% Friday.

MKTG

A winning long when this gap up slowly rose from the open for entry. It ended up over 3.5% on Friday.

Misses:

OCLS

A possible fake out short when this gap up fell after the noise candle, though a flat line challenge held. It rebounded late morning, fell again but closed up over 4% on Friday.

GPRC

A fake out loss long possible on early upside past the trigger after the noise candle. Right after it steadily fell, going red for good and closing down eventually over 7.5% Friday.

Push:

TNXP

A gap up rose on the noise candle, then fell back to near lows but not they held along with the 7 fade price point. It then rose again steadily, denying shorts a play. Closed up over 30.5% Friday.

DSS

A no play push for potential longs when this gap up near the hod fell steadily from the noise candle to deny entries. It kept going, moving up a bit and sideways into the finish, down almost 1.5% Friday.

Totals:
Daily record: W-3-L-2-P-2
60% 
 
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