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, SANM, FMCN, and MPEL gapped over their triggers, no plays.
SWKS triggered long (with market support) and worked:
In the Messenger, Rich’s AAPL triggered short (with market support) and didn’t work:
His MCP triggered long (with market support) and worked enough for a partial:
RIMM triggered long (with market support) and worked:
Rich’s FSLR triggered short (without market support) and didn’t work:
His NFLX triggered long (with market support) and didn’t work initially, worked later:
In total, that’s 5 trades triggering with market support, 3 of them worked, 2 did not.