Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

The AMAT strategy is shorting below 15 and possibly buying off 14.60 or lower (always put in a 20, 50 and 200 period ma on the 5 minute chart as guidelines) AMAT is easy to short I don't even bid just take the market and run with it. With nearly 20 million traded you could make a job shorting and buying off support AMAT for the next 2 sessions making that 4 in a row. You can essentially use these chart to plot your 'setups' without me. I did not hold for maximum upside in AMAT but closed a long @ 15 (200 period ma) and missed the final breakout to to 15.09.