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, MDVN triggered short (with market support) and didn’t work:
QLIK gapped under the trigger, no play.
In the Messenger, TEVA triggered short (with market support) and didn’t work:
AMZN triggered short (with market support) and didn’t work:
AAPL triggered long (with market support) and worked:
EBAY triggered long (with market support) and worked:
SINA triggered long (with market support) and worked enough for a partial:
In total, that’s 6 trades triggering with market support, 3 of them worked, 3 did not.
