Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

ALTR trading like XLNX and SEBL into the close. I would be shorting ALTR at the break down from 12.25 or so, Although the 60 minute chart suggest a potential TECHNICAL recovery at the lower bollinger band, I would look to short that recovery. Of course, we have plenty of shorts, but as ALTR is reporting after the close (with NVLS) the temptation of a nice move down can be overwhelming.