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, LKQX triggered long (with market support) and worked:
DNDN triggered short (without market support due to opening five minutes) and worked enough for a partial if you took any:
PTEN triggered short (without market support due to opening five minutes) and worked enough for a partial if you took any:
SOHU triggered short (with market support) and worked:
In the Messenger, NFLX triggered long (with market support) and didn’t work (initially, though it went again later):
Rich’s TZOO triggered long (without market support) and didn’t work:
AMZN triggered long (with market support) and worked:
Rich’s AAPL triggered short (with market support) and didn’t work:
NVDA triggered long (with market support) late in the session and didn’t have time to do anything, although it was working, but we won’t count it:
Rich’s VMW triggered long (with market support) and worked great:
GOOG triggered long (with market support) and didn’t work:
EBAY triggered long (with market support) and worked:
My favorite pick of the day was the cup and handle breakout on COST, which triggered long (with market support) and worked:
Rich’s SOHU triggered short (without market support) and worked great:
In total, that’s 9 trades triggering with market support, 6 of them worked, 3 did not.
