ABT
This was not a ‘gap and go’ but instead, it was part of the consecutive group. This stock had 9 consecutive red day candles. Identifying when these will reverse is challenging. It’s akin to playing the dead cat bounce game, which rarely works. However, when it does, it feels great.
Result: -$1,000

AMZN
An exceptional ‘gap and go’. This could have resulted in 4x returns, but I closed too early. I should have used a trailing stop to ride this wave better.
Result: +$1,200

AVGO
This was a manually executed ‘gap and go’. I took it with the signal and rode up to the target. Here again, I could have used trailing stops and potentially achieved a x2 return.
Result: +$1,200

EIX
This was a consecutive day low play. It worked but didn’t reach the target. Closed at break-even.
Result: 0

F
A perfect ‘gap and go’ reinforced by good news. Again, I should have used a trailing stop to enhance my return.
Result: +$1,200

MRVL
A nice ‘gap and go’ with a breakout. However, it didn’t follow through and closed at break-even.
Result: 0

NVDA
This was a late trade that closed at break-even. I was looking for a quick scalp.
Result: 0

PARA
A perfect ‘gap and go’. I took it during the reversal. It didn’t reach the target and closed at 50% of the target.
Result: +$500

PDD
A good ‘gap and go’. I took it with the signal, but closed it at 50% and didn’t give it too much room.
Result: +$500

WDAY
Another great ‘gap and go’ supported by the overall market.
Result: +$1,200

Fri, May 26, 2023: +$4,800
4+2 wins, 3 break even, 1 losses
Posted on:May 26, 2023 at 12:00 AM