Tough week with earnings and fear from Europe, a slowing economy and a market downturn. Earnings blew up a couple of ideas, but gains were still there.
SNTS never triggered an entry and blew up off earnings. Made a good short play on the gap under the 50day.
CVG struggled most of the week. Moved above 15.70 for a small gain but quickly dipped and closed at the same level as last week. This tested support level and may continue lower.
HNZ gapped up early in the week nullifying any play. Move below support with low volume.
HEK had a great fist day of the week and moved above the 50day for over a 4% gain!!! Eanings blew this up which is why you never hold into earnings.
PCG tested 47 and died as expected. Short entry under open would have gained over 3%!!!
