Tuesday, August 26, 2014

Trade review 8-26-14

I got several of them right on Tuesday...

Hits:

HIL

A flat debut fell after the noise candle but held the flat line and reversed, triggering late morning. It kept going, ending up almost 5% today.

GORO

A gap up fell after the noise candle, but held the flat line and rebounded and triggered long. It kept going, closing weakly but up over 2% today for a small win.

ADXS

Nice short off a gap up near the hod that fell after the noise candle for entry. Late morning it moved sideways, ending down over 6.5% today.

Misses:

TA

A fake out long on early upside from a gap down debut when this reversed and steadily fell under the gap line to end down almost 3.5% today.

Push:

DGLY

A big gap up that rose early discouraged shorts. It moved under the open and later went sideways to end up over 14% today due to the gapper. No play.

JRJC

A gap down steadily rose to green and prevented shorts. It fell steadily from lunch, but ended up over 1.5% today. No play.

HGSH

A gap up rose from the lod to prevent short fake outs. It soon moved sideways, ending up almost 14.5% today.

Totals:
Daily record: W-3-L-1-P-3
75%

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