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, OPEN gapped over the trigger so no official play, but it did pull back and fill the gap and then triggered with market support, which is perfectly valid for traders to take under our system:
SFSF just gapped over the trigger, no play, never gave a valid setup to take later (didn’t fill the gap).
GILD triggered long (with market support) and worked:
SINA also gapped, then filled, then triggered and worked:
LEAP triggered long (with market support) and worked:
FOSL triggered long (with market support) and worked:
In the Messenger, Rich’s ROST triggered long (without market support) and worked (over a 5-minute bar high, which triggered in the third bar):
Rich’s SLW triggered short (without market support due to the opening five minutes) and didn’t work, although it worked later and he had an adder in the Messenger:
Rich’s KLAC triggered long (with market support) and worked great:
Rich’s AMZN triggered long (with market support) and worked:
RIMM triggered long (with market support) and worked great:
In total, that’s 6 trades triggering with market support, and all 6 worked.
