Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

SNPS.. nice move off the 50 period ma as well (chart is perfect) as posted. Nosebleed is still comfortable enough off (66.50) to allow for more upside in front of the report. Through the report, I might consider a put/call, but that would be closer to the upper resistance area (see chart) No need to trade before 10.00, in some instances I choose the COT (change of trend and pick a reversal off 3 bars of lower lows and then a bar with higher high so it can be 9:50 as well)