Tuesday, February 11, 2014

Trade review 2-11-14

I got a play right on Tuesday...

Hits:

GORO

Assuming good entry, this may have narrowly won for longs on entry off a gap up that fell early but bounced soon after to take out the initial high. It soon peaked and fell a bit, moving sideways and closing up over 2.5% today.

Misses:

UNSU

A fake out short likely when this gap up fell on the noise candle and took out the initial low early for entry. It rose into the finish of end down over 8.5% but a bit lower than likely entry.

YOD

Another looks like a win but was not with the price action, A gap down fell under the open early, then soared positive and would have stopped out likely later on. It closed weakly, falling in the afternoon, down almost 10% but that's deceptive here.

CNIT

A gap down rose early and soon triggered long. It peaked at lunch, closed weakly and almost unchanged.

BRKS

A fake out long likely after a gap up fell on the noise candle, reversed and greened to trigger by price. It peaked late morning, falling back to the flat line, moving along it and ending almost unchanged today.

Push:

GTAT

A gap down fell from the open, steadily to deny longs a potential entry. It kept going, ending red by over 7% today.

CALD

A gap down fell from the noise candle, denying longs a chance. It kept falling, slowly rising the final 2 hours but ending down over 2% today.

Totals:
Daily record: W-1-L-4-P-2
20%  

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