Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

VRTS..if this doesn't spoil everything by opening in a large gap which I doubt, we might buy this after an exhaustion move down (say about $0.50) by 10:00. If it just moves up nicely with no gap I would consider an early entry perhaps above 18.75 for a target at around the 200 ma (5 minute) chart and another short at the usual 11:00 area. Whatever happens I'll still be looking at reversal periods for buys and not committing just yet to swings.