Not much of a trading day today (for me). Lots of stocks (watchers) on my list, but few set up the way I liked, except for JAVA. I initially shorted a 2-minute low at 9:32, but I didn't give it "any" room to move against me as the gap was fairly large, so the chance of it retracing back into the gap fill was not something I was going to let happen. No chart of this play, but I got out at break even after there was no immediate follow thru.
The 2nd play came much later at the 11:15 reversal time. The gap was still a bit extended, but a rather perfect setup otherwise. Check out the chart:
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