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. ETF calls do not require market support, and are thus either winners or losers.
From the report, MIFI triggered long (without market support) and worked:
ANAC triggered long (with market support) and worked enough for a partial (the trigger bar was a 13 Comber sell on the 5 minute):
From the Messenger/Tradesight_st Twitter Feed, Rich’s SLB triggered long (with market support) and worked enough for a partial:
His DAL triggered short (with market support) and didn’t work:
His V triggered short (with market support) and worked:
His MA triggered short (with market support) and worked:
His AMZN triggered short (with market support) and worked:
FSLR triggered long (with market support) and didn’t work:
In total, that’s 7 trades triggering with market support, 5 of them worked, 2 did not. Not much went far.