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 direcstional 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, TSRA triggered long (without market support) and worked:
AVGO triggered long (with market support) and didn’t work, worked later:
SHLD gapped over the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Mark’s INCY triggered long (with market support) and worked:
FB triggered long (with market support) and worked:
TSLA triggered long (with market support) and didn’t really work enough for a normal partial:
Mark’s CELG triggered long (without market support, but no one should have been trading either way at this point in the session with the market so flat) and didn’t work:
In total, that’s 4 trades triggering with market support, 2 of them worked, 2 did not.