Thursday, March 10, 2016

Trade review 3-10-16

I got a few plays right tonight...

Hits:

REXX

A gap up fell steadily, ending down almost 7% today to win short.

NVIV

A steady decay ended down over 4.5% today.

LEU

A gap down falls steadily, ending down over 18.5% today to win short.

Misses:

BBG

A gap down fell but recovered a bit into the close to end down almost 6% today but above likely entry short.

BAS

Early downside reversed a bit into the close, ending down over 2% today but a bit above likely entry short.

SGY

A gap up fell early then recovered enough to end near entry so it lost with commissions.

EPE

Early downside reversed and ended almost unchanged and likely above the entry short.

Push:

ARO

A gap down rose then moved sideways, ending up a tad today.

CRC

A gap down fell initially then rose, holding the initial candle low and ending down almost 7% today discouraging shorts by the price action.

EXXI

A huge gap down discouraged entries. It moved mostly sideways to end down over 31.5% today.

TTII

A gap down rose early then moved sideways and ended up over 1.5% today holding the initial low to deny short entry.

Totals:
Daily record: W-3-L-4-P-4
42%

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