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, SWKS triggered long (without market support) and didn’t work:
CNQR gapped over the trigger, no play.
SCLN triggered long (without market support due to opening 5 minutes) and worked:
SGEN and THOR gapped over their triggers, so no play.
In the Messenger, Rich’s X over the first 5 minute bar high triggered long (without market support) and worked enough for a partial:
His AAPL triggered short (with market support) and worked for a point, which is a partial on AAPL:
NFLX triggered short (with market support) and worked:
My AAPL triggered short (with market support) and worked:
Rich’s VXX triggered long (ETF, so no market support needed) and worked:
FSLR triggered short (with market support) and worked:
Rich’s OXY triggered short (with market support) and worked:
Mark’s ARUN triggered short (with market support) and didn’t work:
His DISH triggered short too late in the day to go anywhere:
In total, that’s 7 trades triggering with market support, 6 of them worked, 1 did not.
