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, CRUS and ITRI gapped over their triggers, no plays.
QLIK triggered short (without market support due to opening 5 minutes) and didn’t work, it did trigger later with market support and worked, which we took in the Lab, but we only count the first trigger under official rules:
MDRX triggered short (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, NFLX triggered short (with market support) and worked:
NTES triggered short (with market support) and didn’t work, also triggered later with market support and worked:
TWTR triggered short (with market support) and worked:
Rich’s WDAY triggered short (with market support) and worked:
His CELG triggered long (with market support) and worked enough for a partial in the one 10-minute window of the day that market direction was green:
His GS triggered short (with market support) and worked:
Rich’s GOOGL triggered short (with market support) and didn’t work, but note the Comber buy signal right at the trigger:
In total, that’s 7 trades triggering with market support, 5 of them worked, 2 did not.