Drifters

Drifters are stocks that tend to slowly creep their way up in price. Because a positive earnings reaction tends to bode well for the company on a fundamental level, these patterns are perfect for individuals who have full time jobs or don’t care to watch the market every day.

I categorize this pattern in three time frames: Short term (a steep rise in a few days), Mid term (a few weeks), and Long term (a few months). If you aren’t familiar with the post earnings announcement drift phenomenon, check out my other blog post.

The blue light bulb on the chart is ThinkorSwim’s way of signifying an earnings announcement.

Short Term #

BAS 5d 5m.png
CVEO.png
ELNK.png
GMAN 15d 5m.png
PES 5d 5m.png
TROV 5d 5m.png

Mid Term #

OCLR.png
LAYN.png
QTM.png
SPWH.png
NG.png

Long Term #

CLNE.png
VDSI.png

 
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