Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

NEW Earnings Play: COGN another earnings play looking for a doji here on the daily chart and break above the 200 day moving average. (22) would be nice.. COGN usually rallies in the 2:00 reversal period.

COGN has been an earnings play for 5 years now. It soared after the last report. It should take out 21.87 and head for the 22.50 area if not now than watch for a potential 2:00 to 2:30 rally in this one.

COGN 60 minute chart is showing a stochastic breakout on stronger volume and INTRADAY reversal bar (bullish engulfing)

http://messages.yahoo.com/bbs?.mm=FN&action=m&board=4688025&tid=cogn&sid=4688025&...