Dummy Gapper Trade of the Day - Sigma Designs, Inc. (Public NASDAQ: SIGM)

Wall St. Warrior (2)

11 months ago

SIGM gapped up on the open and based sideways on R1 for two hours before extending. B&B and exit before the FED. SIGM didn't immediately pop after the FED announcement but it did hold support at the base of R2 so I had time to take another entry for a nice post Fed extension. SIGM is trading at all time highs - my favorite type of gapper - blue sky.

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gapper, dummy, base and break

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