Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[bbgold]

Hi Jenna,
Are you a believer in the HOD or LOD at EOD phenomenon? That is where a stock or index moving Up will generally close at or near the HOD at EOD and a stock or index moving Down will generally close at or near the LOD at EOD? Or do you feel that the previous support and resistance levels are more important to follow using the SMAs? I believe in both but tend to lean towards the HOD or LOD at EOD if the stock or index has been trending most of the day. Any opinion? TIA, Bob :^)