Looking to get in at the 9 EMA bounce or Trigger price. If VWAP hasn't crossed the 9 EMA (1 Minute Chart) I'll raise my stop. Otherwise I'll take my profits.
Kommentera:
I shouldn't have ignored the "Bearish 3 Method" candle formation on the Daily chart. That along with the negative earnings should have hinted that the stock was going to move down. However, I was correct in my bullish analysis. It'll be interesting if the price sets up for the same entry point tomorrow.
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Here is what a Bearish 3 Method candle formation looks like:
upload.wikimedia.org...od-formation.svg.png