Friday, September 05, 2014

Trade review 9-5-14

I got some of them right on Friday...

Hits:

HGSH

A flat debut fell after the noise candle for entry short. It held a flat line challenge then finished weak and down over 7% Friday.

RXII

A gap down fell early below trigger for a short. A rebound reversed by lunch and moved sideways, ending down around 3.5% Friday.

Misses:

ISNS

Looks like a win but likely lost. A gap up fell after the noise candle for a short, then steadily fell, but late it rebounded and ended down a bit over 0.50% Friday. The final price was likely above entry.

OESX

Early downside from this gap down could have faked out shorts. It later slowly rose, ended down over 4% Friday but likely in line with entry or above.

Push:

DGLY

A gap down moved sideways and eventually up to deny shorts. It ended down over 3% due to the gapper.

CPRX

A gap down fell early and stayed red to discourage longs. It greened late but did not make more annual highs, so most would have kept flat. It ended up less than 0.50% Friday.

VHC

A no play push from a gap down that never triggered long. It gradually rose after the noise candle, ending down less than 0.50% today.

Totals:
Daily record: W-2-L-2-P-3
50%

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