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, AEIS triggered long (without market support) and didn’t work:
OVTI gapped under the short trigger, no play.
ONNN triggered short (with market support) and worked enough for a partial:
AKAM triggered short (with market support) and worked:
BRCM triggered short (with market support) and didn’t work if you kept a stop to $0.15 or so, but otherwise, it did (we will count it as a loser):
DNDN triggered short (with market support) and did not work:
MIPS triggered short (with market support) and worked:
LEAP triggered short (with market support) and worked great:
Meanwhile, in the Messenger, AMZN triggered short (with market support) and worked great:
AIG triggered short (with market support) and worked:
FSLR triggered short (with market support) and worked great:
GS triggered long (market direction was dead neutral at the time); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES worked a bit, I sold it flat, we won’t count it:
In total, that’s 9 trades triggering with market support, 7 of them worked, only 2 did not.