RHI gapped up 8.53% and continued higher the first 5 minutes of trading on strong growth in their earnings release. After the first bar there was no follow thru to the upside and it had three straight red bars. The short trade was triggered when it traded below the fourth bar of the day at $31.04. RHI traded sideways to down for the remainder of the day to a low of $30.44.
SLB gapped up 4.18% and had a strong first 5 minute bar. But after that it traded down the entire day, also known as a one green and crap. When SLB traded below the fourth bar of the day at 6:51am PST, the short trade was triggered. Profits on half or all of the position can be taken at the low of the day and reshorted around VWAP. SLB traded down to $71.61 for a maximum reward/risk of $1.73/$0.40.