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, STEC triggered long (without market support due to opening five minutes) and didn’t work:
CRUS gapped over the trigger, no play.
EBAY triggered long (without market support due to opening five minutes) and didn’t work:
In the Messenger, FSLR triggered short (with market support) and worked:
GS triggered long (without market support) and worked:
GOOG triggered short (with market support) and worked:
AAPL triggered short (with market support) and worked for over a point, so an easy partial:
In the afternoon as market direction turned green, BIDU triggered long (with market support) and worked:
SINA triggered long (with market support) and worked enough for a partial:
In total, that’s 5 trades triggering with market support, all 5 of them worked.
