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, SYNA triggered long (with market support) and didn’t work initially, worked later:
SLAB triggered long (without market support due to opening 5 minutes) and worked great:
BABY gapped over the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, CERN triggered long (with market support) and worked enough for a partial:
NFLX triggered short (without market support) and initially didn’t work, but we took the next breakdown again that worked huge for the session:
Rich’s DDD triggered short (without market support) and worked:
His BIDU triggered short (without market support) and didn’t work:
Nothing else triggered.
In total, that’s 2 trades triggering with market support, 1 of them worked, 1 did not, but NFLX was the real winner.