$CIEN Trade Review - Trading Earnings Breakouts - Bulls on Wall Street

$CIEN Trade Review – Trading Earnings Breakouts

Here is a video review for our trade in $CIEN. While the market was down over 100 points today, $CIEN was up over 20%.  The setup on this is the earnings breakout. When a stock has earnings that beat expectations, a very powerful setup can emerge – you just need to nail the entry.  If you’re looking for trades where a stock can move 30-50% in a day then earnings breakouts is the setup.

Some of the things we are looking for in this setup:

1. Earnings “beat”  beating analyst expectations
2. Premarket volume
3. Gap up (4% or more)
4. Intraday setup

We made a similar trade 2 weeks ago on $PLAB using this same setup!

Want to learn more? Email me at kunal@bullsonwallstreet.com

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