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, AKAM triggered short (without market support due to opening five minutes) and worked:
FWLT triggered short (with market support) and didn’t work:
PTEN triggered short (without market support due to opening five minutes) and didn’t work:
LPSN gapped under the trigger, no play.
In the Messenger, AMGN triggered long (with market support) and worked enough for a partial before dropping sharply:
FSLR triggered long (with market support) and worked great:
GOOG triggered long (with market support) and didn’t work, although it worked later, but not on the initial trade:
Rich’s JPM triggered long (with market support) and worked, ran out of time:
In total, that’s 5 trades triggering with market support, 3 of them worked, 2 did not, nothing stellar.
