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, ENTA gapped over the trigger, so no play, although it did fill the gap and then trigger, which is valid too based on our teachings.
CAKE triggered long (without market support) and didn’t work:
From the Messenger/Tradesight_st Twitter Feed, Mark’s LNKD triggered short (with market support) and worked for a couple of points:
BABA triggered short (with market support) and worked:
TWTR triggered short (with market support) and worked enough for a partial:
Mark’s AAPL triggered short (with market support) and worked:
FSLR triggered short (with market support) and worked:
In total, that’s 5 trades triggering with market support, all of them worked.