Trade review 10-24-14

I got one of them right on Friday...

Hits:

ZAZA

A gap down debut fell steadily after open, yielding a short. It ended down almost 8% Friday.

Misses:

NPTN

Early shorts were faked out when this gap up debut shook off the blues and reversed, steadily climbing and ending up over 11% today.

Push:

RGLS

A gap down moved sideways and up steadily from there to deny shorts. It ended up about 19% Friday.

INFN

A gap down never triggered, moving sideways and under the gap line until it ended down over 0.5% Friday.

RIGL

Longs avoided fake outs when this gap up fell under trigger on the noise candle. It then moved sideways until it ended down over 4% Friday.

COSI

A gap down moved sideways and mostly negative without triggering to end unchanged Friday. No play long.

MDXG

The price action candle closes helped most potential shorts avoid fake outs when this gap down rose after the noise candle until a fade after lunch moved sideways, not closing under trigger and ending almost unchanged Friday.

Totals: Daily record: W-1-L-1-P-5
50%

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