Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

Short Set Ups: SNPS below 63.13 for the drop back to 62.50, MERQ below 47 for the drop back to 46ish. 2-trend days for these babies are likely (2 directions - 2 trades are quite enough) If it doesn't drop to trigger, forget it. The consolidation can go in either direction.



Note the stock now at tight intraday consolidation. Trade in the direction of where the consolidation leads.