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, CTRP, MDRX, and CAVM gapped under, no plays.
In the Messenger, Rich’s AAPL triggered long (without market support due to opening five minutes) and worked:
His AMZN triggered long (without market support) and worked:
His VXX triggered short (market direction irrelevant with an ETF) and worked:
His SHLD triggered short (with market support) and didn’t work:
His PNRA triggered long (with market support) and worked:
His NFLX triggered long (with market support) and worked:
In total, that’s 4 trades triggering with market support, 3 of them worked, 1 did not.
