Gap and Panic

You can find gap and panic setups by looking for the big red candle on day 1. These earnings winners gap up and sell off before forming the base in which to swell into a multi day retrace. These plays tend to reward the patient by offering a low risk breakout opportunity above the day 1 high. Here are a few gap and panic plays from this quarter:

$RUBI
RUBI intraday.png

$AMPH
AMPH daily continuation.png

$GERN
GERN 100 DAY.png

$PSUN
PSUN daily.png
PSUN daily continuation.png

$TUBE
TUBE daily continuation(1).png

$MAGS
MAGS 3mo daily.png

 
7
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7
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The Only Earnings Winner Setup You Need to Know

Q3 2016 earnings season started to ramp up in late July/early August, and the markets have given us a ton of opportunity for profits. I’ve had between 50 and 60 earnings winners on my watchlist for the last week or two, and those of you... Continue →