Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[alfonso]

Earnings Plays review for Friday 13 Jun 03:

ADBE, due yesterday, afterhours market didn't like the earnigs and is trading lower this morning, will be watching today's action. Calls ready to be unloaded to minimize loss.
ORCL, due yesterday, unlike ADBE afterhours market response was positive, JUL 15 calls are on play.

BBBY, due 6/18, a buy above 43.60 and a target of 45.00.
COGN, due 6/18, a buy above 29.80 and a target of 32.00, JUN 30 calls are a possibility.

GTK, due 6/19, waiting for entry opportunity on an intraday pullback and a target of 37.00, JUN 37.50 calls nice.

PAYX, due 6/24, a buy above 30.50 and a target of 31.50, JUL calls also looking good.

MANU, due 6/25, a buy above 5.65 and a target of 6.50, JUL calls are a possibility.
STZ, due 6/25, a buy above 29.74 and a target of 31.50 to 32.00

Entry and exit points will vary according to intraday conditions, we will always be aware of support/resistance lines and key reversal periods to protect our gains and minimize risk