Thursday, January 09, 2014

Trade review 1-9-14

I got some picks right on Thursday...

Hits:

FSPM

A gap up fell steadily after early sideways moves, yielding a short. It closed down over 31% today.

PLUG

A winning short when a gap down fell from the hod early steadily, en route to a red end of over 25% today.

GRNH

Another winning short off a gap up that fell from near the hod. Steadily falling, it ended down over 50% today.

Misses:

SMSI

Fake out loss long likely off early upside that almost made more new annuals. Fast peaking, it then steadily declined, closing down over 1% today.

CALI

Another fake out long with 2 candle closes above the trigger price. It peaked late morning, then steadily declined, ending down over 3.5% today.

Push:

VRS

A no play push due to a big gap down which discouraged shorts. It rose from the open, peaked early and faded the remainder, closing near flat today.

ZLCS

A no play push for potential longs when this gap up printed the hod on the noise candle. It steadily fell in the initial 30 minutes, then moved sideways, ending down over 11% today.

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

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