Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

PLCE (Children's Place) potential earnings play here. Lovely how these earnings plays move up on cue. PLCE looking for a potential move to 36-37 on the event of a good report which is expected. PLCE reports tomorrow morning and might have a "PSS" type of move which is a gap up and profit taking.
Nothing is assured in these markets except of course the "anticipatory upswing' which is what we can see.. What happens after the report is like what happens backstage after a performance. Does the play get to make an encore performance or does it get "closed down"?