Tuesday, October 21, 2014

Trade review 10-21-14

I got some of them right on Tuesday...

Hits:

ESI

A clear gap up fell from the noise candle and after for a fade entry. It kept going, ending down over 15% today.

FLXT

A gap fell from from the open for early fade entry. A bounce held the flat line and it kept declining, ending down over 11% today.

Misses:

MONIF

A gap down moved negative and sideways until near lunch when it greened and triggered. Soon it fell back under the gap line and moved sideways, ending down over 2.5% today.

AVNR

Another fake out when a gap down fell early but reversed to green and trigger long. It soon peaked, then gradually fell, ending up over 0.50% today but under entry.

Push:

IBIO

A big gap down discouraged shorts. It rose initially, then slowly fell, ending down over 20% today.

EDMC

A slight win short or break even when a flat debut moved sideways before falling just under trigger late. Ended down almost 10% today but that was near the entry or just a tad above with optimum timing.

TNP

A gap up steadily rose, never triggering short. Ended up over 4% today. No play.

Totals: Daily record: W-2-L-2-P-3
50%

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