Wednesday, February 19, 2014

Trade review 2-19-14

I got all trade-worthy plays correct on Wednesday...

Hits:

OPTT

A gap down debut fell after the noise candle for entry short early. It kept going, soon moving sideways and ending down over 4.5% today.

BECC

A steady drop from the flat open noise candle continued for entry short. It bottomed in 25 minutes, moved up a bit and then went sideways, closing weakly and down over 27% today.

CYBK

A gap up fell from the noise candle and after for entry short. It bottomed in 45 minutes, then rose a bit and moved sideways, closing down over 15% today.

Misses:

 None.

Push:

LIVE

A gap up from near the lod rose from the noise candle and after, denying shorts entry. It soon peaked, then fell from there, but closed up over 5% today. No play.

AXN

A gap down rose from the noise candle lod, denying shorts. It kept going, peaking in 35 minutes, then fell off a bit and moved sideways, closing up almost 13% today. No play.

OMAG 

A big gap up prevented shorts. It eventually traded under 2.50 and beyond, so entries would have won. Finished down almost 17.5% today. No play.

RENN

A no play push lacking a trigger when this gap down near the hod fell from the open and beyond, denying longs a play. It steadily declined, closing down over 5.5% today.

Totals:
Daily record: W-3-L-0-P-4
100% 

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