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. …
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 …
We had a great day today in the Bulls chat room shorting recent momentum parabolic movers SBGI,NXST,GST,TVL,MEG. Let’s study SBGI and NXST chart to see how we traded them. Both had huge runs last few days with SBGI going from 20.50 to 27.60 in 3 days! NXST from 16.50 to 22.40. This falls into parabolic …
Read moreTrade review: Shorting Parabolic runners $SBGI,$NXST
BLOX was on our watch list for a bounce play. On the daily chart stock had a big volume earning gap on 2/22. As you can also see back in 11/29 the stock also gapped up on earning then pulled back to 20 EMA before starting next run. So given prior price history and the …
Here is a trade we made in $UNXL yesterday. This is based on the PR/earnings breakout setup which we play every day in chat room. It’s one of the staples of our Bulls method. During earnings season we are always looking for the top earnings movers in the AM. Once we’ve identified those, we wait …
We traded ENOC today in the chat room. ENOC ,one of those company which has a small 25 million float with over 9% short interest. The stock came to my attention on last Thursday as it was trying to break out of a down trend line. In the past the stock had decent runs whenever …