12/20/16: $ACAD was a gap up on positive news about their study on this new drug to treat Alzheimers. I try not to read too much into the news, really I just want to know why its moving then I let the chart tell the story. Drowning myself in fundamental analysis is just not as effective for daytrading. Here I got short at $29.95 on VWAP rejection and rejection of that $30 level which was support/resistance on the daily chart. Covered all shares at $29.35 really just because it was the friday before the holidays break and I didn't
want to leave for vacation on a loser trade so I took my profits and ran lol.
1/13/17: $P pandora radio station gapped up on positive 4th quarter earnings, but this trade was a dud for me and didnt go anywhere. Got long at $12.90 once the break over VWAP was cofirmed and I saw 9ema holding, but didnt have enough range so got stopped out at $12.80. This was the second week of trading for 2017 and still havent had any juicy setups hit my morning scans so hopefully things pick up here going into the third week!
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