With each stock’s recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early.
From the report, ORLY gapped over the trigger, no play.
CECO triggered short (with market support) and worked, but was late in the day:
FSLR triggered short (with market support) and didn’t work:
COST triggered long (with market support) and worked:
Rich’s CF triggered short (with market support) and worked:
His DVN triggered short (with market support) and didn’t work:
In total, that’s 5 trades triggering with market support, 3 of them worked, 2 did not.