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, BEAV gapped four cents under the short trigger, so technically no play under the rules.
From the Messenger/Tradesight_st Twitter Feed, Rich’s YELP triggered short (with market support) and didn’t work, but it was really called for an early trigger under the opening candle low and not later in the day:
TEVA triggered short (with market support) and worked great:
AMGN triggered short (with market support) and worked, although I closed it flat because volume died off and nothing was happening:
Rich’s HAL triggered long (with market support) and worked:
His JOY triggered long (with market support) and worked:
His FB triggered long (with market support) and didn’t work:
In total, that’s 6 trades triggering with market support, 4 of them worked, 2 did not.