COP long, only reason to play it is the support held. But don't like it because it went below the 1st 5 min bar. The 1st bar needs to be strong for this to work out well with better probabilities. This still turned out ok, but not in my trading plan.
BBRY did give a short signal below the 1st 5 min, that could have been played. The drop that happened big was unexpected if someone held on for so long. One of the possible plays is the rebound from the big drop as shown. Most of the time, keep an eye on such big drops, a 50% rebound happens after consolidation
There was a setup in AAPL but no one would have expected it to fall so big so quick. If anyone did short below the support line on 5 min chart, just got very lucky today.
Check out how to play LNKD. It was an awesome play above the 1st 5 min high with slight pull backs on the upper range. Playing it with a small entry and adding it on the way was perfect. Do not exit on the circle I have shown on the graph because see how strong it is, this is a pure sign that a pop will happen. Then protect it on the way or exit when your profits have reached.
CREE short worked nicely. THe 1st 5 min bar was never taken so that gave us a chance to short it. But has to be played conservatively because the 1st bar is a green bar, so one has to start small and then add as shown on confirmation and then exit .. Ideal exit was below 59, but never reached.
SSYS another awesome play over the 1st 5 min. Check the exits on the way. Perfect game, learn to understand such patterns and remember how to play via charts
