Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

CSCO {charts} hits resistance, retreats, and sundry techs. No reason in the world to hold through the pullback. Trailing stops hit and that is over. We might do another trade in CSCO but earnings are far off and we're certainly not looking for a pullback below support! Carefully charted both intraday and end of day (CSCO first was only a trigger but that doesn't mean much unless you've posted the intraday and daily support/resistance) Techs pulling back casually watched TXN, NSM since still holding GNSS, NTES, SINA puts and GNSS dropping nicely off rising 20 ma no need to cover since the trailing stop is still well above profitability. SNDK stopped finally but looking at a retreat from 23.50.