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, TEVA, QSFT, ITMN, and IFSIA gapped under their triggers, no plays.
MBFI triggered short (with market support) and did not work:
In the Messenger, Rich’s AAPL triggered long (without market support due to opening five minutes) and worked:
GS triggered short (with market support) and worked:
Rich’s AAPL triggered short (with market support) and worked for over a point:
Rich’s IBM triggered long (with market support) and worked enough for a partial:
His BG triggered short (with market support) and worked:
His GOOG triggered short (with market support) and worked:
His FSLR triggered short (with market support) and worked:
His SODA triggered short (with market support) and worked:
SINA triggered short (with market support) and didn’t work:
COST triggered long (without market support) and didn’t work:
AMZN triggered short (with market support) and worked for over a point:
In total, that’s 10 trades triggering with market support, 8 of them worked, 2 did not.
