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, PTCT basically opened right at the trigger on the gap down and then worked, but that’s nothing you should be taking out of the gate on a Monday on a gap.
From the Messenger/Tradesight_st Twitter Feed, Mark’s SNDK triggered short (with market support) and worked:
Rich’s FAS triggered short (ETF, so no market support needed) and didn’t work:
His BLUE triggered short (without market support) and worked a bit:
Rich’s AAPL triggered long (with market support) and worked:
His NFLX triggered long (with market support) and worked:
In total, that’s 4 trades triggering with market support, 3 of them worked, 1 did not.