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, LGIH triggered long (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, GS triggered long (with market support) and I closed it even after 15 minutes with the market stalling out:
Rich’s NFLX triggered short (without market support) and didn’t work:
EBAY triggered short (without market support) and worked perfectly, really should have taken it once market rolled, nice inverted cup and handle:
FSLR triggered long (with market support) and didn’t work, but it triggered right at the 13 sell signal on the broad market:
Rich’s AMBA triggered short (without market support) and didn’t work initially, but it pushed through the trigger with market support over lunch and worked:
His AMZN triggered short (with market support) and worked:
In total, that’s 2 trades triggering with market support, 1 of them worked, 1 did not.