Wednesday, February 25, 2015

Trade review 2-25-15

I got some of them right on Wednesday...

Hits:

AXN

Early downside to fade rebounded but held the gap line and ended down over 11% today.

TA

Early upside triggered long, and it closed up over 5.5% today.

Misses:

TPIV 

An early fake out short on down moves returned to end unchanged today.

CHGG

Early downside likely faked out shorts when this ended down over 2.5% today but likely above entry prices.

Push:

BIOC

A big gap up moved sideways and up to prevent short fake outs. It ended up over 40% today.

COT

A gap up fell after the noise candle to prevent long fake outs. It ended down less than 0.50% after hugging the flat line mostly.

CTCM

A gap up printed the hod on the noise candle and it fell from there to prevent long fake outs early on. Sideways moves ended down over 1% today.

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

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