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, TTWO triggered long (with market support) and worked great:
RUTH triggered long (with market support, by a penny) and didn’t work:
SIMO triggered long (with market support) and didn’t go enough either direction to count, closed around trigger:
From the Messenger/Tradesight_st Twitter Feed, Rich’s VRX triggered short (without market support due to opening 5 minutes) and worked:
His PCLN triggered loing (with market support) and didn’t work, but was meant as an opening play, not an hour later:
GS triggered short (without market support, strangely also by a penny) and didn’t work:
GS triggered long (with market support) and worked great:
His FSLR triggered short (without market support) and ultimately worked but shouldn’t have been taken with market support completely the other way:
Rich’s AMZN triggered long (with market support) and worked great:
His NFLX triggered long (with market support) and worked:
His WYNN triggered short (without market support) and worked:
His VRX triggered long (with market support) and worked enough for a partial:
In total, that’s 7 trades triggering with market support, 5 of them worked, 2 did not.