Hey guys! It’s earnings season and time for us to start hitting some big winners again! Earnings breakouts are one of our favorite types of trades at Bulls. One nice thing is you don’t even have to scan at night to find setups, as you can pretty much wake up, run a scan for earnings gappers, and play them all day. Earnings breakouts are the most powerful setups around for traders.
Today we traded $CSIQ multiple times for big gains. Taking a look at the daily chart, the first thing you notice is that it’s a recent momentum stock and a break of $30 would be all time highs for the stock. Coupling a big breakout on a stock with an earnings report is really powerful! Below is a look at the trades in detail. Let me know if you have any questions or want to try out the Bulls chat room – my email is mb.willoughby@gmail.com