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, CTCT triggered long (with market support) and worked:
ACXM gapped over the trigger, no play.
In the Messenger, Rich’s JPM triggered long (with market support) and worked enough for a partial:
His SHLD triggered long (with market support) and worked great:
His FSLR triggered short (with market support) and didn’t work:
AMZN triggered long (without market support) and worked:
Rich’s FFIV triggered short (with market support) and didn’t work:
TEVA triggered short (with market support) and didn’t work:
Rich’s SINA triggered short (with market support) and worked enough for a partial:
His MNST triggered short (with market support) and didn’t work:
His PANL triggered short (with market support) and worked:
His WYNN triggered short (without market support) and didn’t work:
In total, that’s 9 trades triggering with market support, 5 of them worked, 4 did not.
