IMMR One of the trade I took on yesterday 5/03/13. Stock had earning on 05/02. Next morning it gapped up over the flag. For this type of trading I usually use the first orderly pullback to establish a position. Let us check out the intrday chart …
LOCK is a beaten up former momentum stock name. It reported earning on 5/2 and made a high of 9.60 before fading the gains. I have been watching this stock for a while now, so I setup an alert for 9.60 whenever it decided to go with a target to 50 MA 10.05 area. …
After an awesome week last week, the bulls crew is still on fire.. today we banked $1235 in gains. There wasn’t much action in the markets today as we just consolidated near the top of the channel on the $spy. However, there were plenty of trades to be made thanks to earnings season. Earnings season has always …
When a stock breaks to new highs on an earnings report it can be extremely powerful. The run up for the stock often continues for multiple days following the earnings report. The second day play on these earnings stocks are often one of our go to moves at bulls. We are always looking for the top …