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

A Simple Strategy That Still Works, And is it Ever OK to Short an Earnings Winner?

Because when I get bored on a Saturday night I research earnings strategy, last night I came across this blog post from November, 2014. While it’s easy to both find and trade these stocks, it’s also one of the most consistent and... Continue →