Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

technically triggering: Still INTU and QLGC. QLGC looks like a good candidate for yet another early morning crap, but you don't have to chance it. Its much easier to either

a) short a gap up or short an early continuation of Monday's trend (trends that end down usually have exhaustion moves down in the morning and could last until 10:30)

b) buy above support after 3 Wide Range Bars, and a third bar with a higher high with volume and indicator confirmation.