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.
In the report, TWTC gapped over, no play. INFA gapped under, no play.
In the Messenger, Rich’s AMZN triggered short (without market support) and worked big:
His FMCN triggered short (without market support) and didn’t work:
His BIDU triggered short (without market support) and worked huge:
SINA triggered short (without market support) and worked:
Rich’s SOHU triggered short (without market support) and worked great:
NFLX triggered long (with market support) and worked for a point:
Rich’s KLAC triggered short (with market support) and worked:
NTAP triggered long (with market support) and worked enough for a partial:
Rich’s LO triggered long (with market support) and didn’t work:
His CLF triggered short (with market support) and worked:
His PCLN triggered short (with market support) and worked:
TEVA triggered short (with market support) and worked:
In total, that’s 7 trades triggering with market support, 6 of them worked, 1 did not. There were a ton of shorts that went early that worked as well.
