KMX "Earnings Play" for upside. I like the move from 9/11 the bullish engulfing was confirmed in 2 further days of higher highs and higher lows. 35 is the buy and the next breakout is 23.25. Excellent earnings play since January 2001. Possible move to 40 after the report. Earnings out Friday before the open, giving us more chance for "anticipatory upswing" Note that we must be about 3 to 7 sessions before the report to enjoy any "anticipatory' move. Holding through earnings is always something of a "whipped topping" and much and sometimes even all the profit is IN FRONT of the report.
The next challenge is usually the GAP challenge AFTER the report, where we must always have those 5-minute charts ready for the possible REVERSAL PLAY by as soon as 9:40 or as late as 10:00. If you don't have the instant execution and the charts ready for these stocks the move will be over too quickly and you will miss it.
Update: JBL Strong breakout, SGMA, SANM SLR all in positive territory but I chose JBL (the headliner) now that its up this much I would hold 1/3 to zip through the report. SANM needs to break above 9.40 to hold another evening. JBL reports on Thursday so there is still time in the safety zone to hold.