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, QLIK triggered long (with market support) and worked great:
MRVL triggered short by a penny (with market support) and did not work:
OCLR triggered short (with market support) and did not work:
In the Messenger, Rich’s POT over the opening 5-minute bar high triggered (with market support) and worked:
AMZN triggered long (with market support) and worked enough for an easy partial:
AMGN triggered short (with market support) and didn’t work:
Rich’s SLW triggered short (with market support) and didn’t work:
Rich’s CAT triggered long (with market support) and worked:
In total, that’s 8 trades triggering with market support, 4 of them worked, 4 did not. Some of the winners were huge.
