Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

Networkers.. ELON, BBOX (ELON is one of our 'hope floats' stock and now BBOX..)
BBOX doesn't have a high p/e however its earnings are headed south. This is a "sink or swim" play as the "rectangular chart formation" is showing some bullish divergence but it will mean nothing if the report won't support a rally. Could be a short if it ever gets to $40 with downside through the low 30's and below. Rallies although they definitely are there,are quickly sold into. ELON and BBOX report the same day, with ELON a much better chart (overbought actually), but they can go either way.