Wednesday, October 15, 2014

Trade review 10-15-14

I got one of them right on Wednesday...

Hits:

ITKG

A flat debut moved sideways then failed at lunch for a fade entry. It kept falling, ending down over 4% today.

Misses:

ARC

Likely loss on early reversal over trigger which fell again and set a new low on the daily. It slowly climbed into the finish, up over 2% today, but most would have stopped out following my standard exit rules.

Push:

APT

A big gap up discouraged entries. Any early short under the open would have likely won, though. Sideways and down movement led to an up finish of over 13.5% due to the gapper.

DORLN

A gap down rose from the open to deny shorts entry. It then moved sideways along the flat line and ended down over 2% today. No play.

CNET

No play push on this gap down that rose from the open and did not make new lows. No long since it did not trigger there as well. Down over 10% today.

CNHI

A no play push lacking a trigger long. A gap down mostly fell, ending down over 0.50% today.

RNDY

A gap down rose to green but missed triggering long. It then fell under the gap line, moved sideways and finished strongly, ending unchanged. No play.

Totals: Daily record: W-1-L-1-P-5
50%

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