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, TIVO gapped over, no play.
DISCA triggered long (with market support) and didn’t work:
PWRD triggered long (without market support due to opening 5 minutes) and worked great:
No extra calls in the Messenger as we had a pretty bad volume warning.
In total, that’s 1 trades triggering with market support, it didn’t work, I stayed focused on TLT from the ETFs and DRYS from the small cap on a dull day.
