Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

MERQ into the close. They did indeed buy that dip. It was trading 48.80 when I posted the possibility to buy that bounce and recovery. Just shows that reversal are temporary and the original uptrend will quickly try to reassert itself. Of course shorting the 10:00 high would have been "perfect" but we don't live in perfect and I didn't have MERQ on my "priorities" watch list.