Channel Setups

Earnings winners are inherently volatile.. offering a nice range of emotion, price, and spikeability. Due to their choppiness, support and resistance levels aren’t an exact science, but they do provide a predictable price channel to trade in. This is how I make money “in between” earnings seasons. Simply buy near the bottom, sell near the top.

$VDSI
VDSI channels.png

$BDR
BDR daily.png

$CALD
CALD.png

$MAGS
MAGS daily.png

$PLNR
PLNR.png

 
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Kudos
 
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Kudos

Now read this

Understanding the Post Earnings Announcement Drift with Examples

By now we’re all familiar with a stock’s ability to generate abnormal returns in the penny stock niche. If you have been following my blog or trades over the past few years, you know my earnings strategy was derived from lessons learned... Continue →