Tuesday, 19 November 2013

Trades 18/11/13

Banked on gappers, most ran another 20-50% after I sold, however I ALWAYS SELL GAPPERS AT THE OPEN.
Did well shorting stocks that were up big either previous or same day, but not g/r rather on weakness. 
Washouts didn't quite nail them.

Gappers: 5/7

$LBIO $PGLO $NVIV $SGLB $ABAT worked well
$CSTI missed a bit move
$SOPW moved after I sold

Grinders: 0/1

$SNTA seemed like a reasonable set-up, sold for tiny loss

Shorts: 3/3

$ACFN - worked well on weakness. $4 risk with 3.69 target, in at 3.86 covered at 3.76
$NSYS - well timed - shorted 8.50 crack, covered 8.05
$BSPM - from 2.72 to 2.62

Washouts: 1/5

$PRGX tried twice, second time it worked
$REGI tried 3 times both long and short and failed
$FU just red candled me out
$RSOL looked like it was basing 

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