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, AKAM triggered long (without market support due to the opening five minutes of play) and didn’t work:

VRTX triggered short (with market support) and worked great:

IGTE triggered short (with market support) and worked, even using the trigger as resistance later in the session:

DWA triggered short (without market support) and was working but hadn’t gone far enough to matter by the close:

In the Messenger, ERTS triggered long (with market support) in the afternoon and also barely moved enough to matter by the close, so we won’t count it either way (it was pennies green):

EBAY triggered short (with market support) and worked enough for a partial:

Rich’s RIMM triggered short (with market support) and worked:

His MW triggered short (without market support) and also held in the money but only went a few cents by the close:

Rich’s NFLX triggered long (with market support) and didn’t work:

Add it up and we had seven triggers with market support. Four worked great. Two were in the money but never really did anything. One did not work. Another nice session.

Share This