Monday, January 13, 2014

Trade review 1-13-14

I got some plays right on Monday...

Hits:

VRS

After the noise candle, this steadily fell, yielding a short. It kept declining, en route to a down finish of over 10% today.

PLUG

Another winning short when this gap up steadily fell for early entry. It kept going, closing down below the likely entry for the win, at least over 0.50% today.

MNGA

A bare win short when this gap down rose after early sideways moves, going red for entry. It declined a bit more, closing down over 5% today.

CNAT

Another winning fade off a gap down that fell steadily for early entry. This continued, en route to a down end of over 17% today.

CYND

A win of at least a few cents on this gap up after it fell under the noise candle low early for entry short. It soon moved sideways until closing south over 12% today.

Misses:

AFAI

After commissions, this was a likely loser. A gap up fell early for entry short. It rebounded to the flat line, moving along it the remainder and ending up at least near 1% today.

Push:

RNN

A gap up moved sideways initially, then up, denying shorts a play. It continued to move sideways with an upward bias, en route to a green end of in range of 40% today.

Totals:
Daily record: W5-L1-P1
83%  

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