StockFetcher Forums · Stock Picks and Trading · NGL - Post earnings breakout.<< >>Post Follow-up
Mactheriverrat
3,132 posts
msg #139144
Ignore Mactheriverrat
11/7/2017 4:26:41 PM

11-6-2017 shows up on a 1st day over day ema(10) filter. Price near resistance line on a pre-earnings day.

They report better than expected earnings which the markets liked. Price breakouts from the start and holds "greenonthescreen" the 1st hour.



pthomas215
1,251 posts
msg #139146
Ignore pthomas215
11/7/2017 5:56:20 PM

Nice John. Also, SNAP tomorrow morning at the bell will be an easy trade. Closed today at 15.12, dropped in post market to 12.60 after earnings. Will most likely drop in first few minutes (possibly to 13 week low of 11.30.) you will have a buck spread in first 10 minutes of trading as price rises to ema 13.

Mactheriverrat
3,132 posts
msg #139148
Ignore Mactheriverrat
11/7/2017 9:46:43 PM

SNAP could have another up day tomorrow but its still playing inside the wedge play. Could bounce up tomorrow only to go back down to support- One could play inside the wedge and even also play a break play to outside the wedge which ever way the price breaks through the wedge.


pthomas215
1,251 posts
msg #139153
Ignore pthomas215
11/8/2017 11:20:46 AM

Thanks Mac. i was just referring to a quick gap trade in the first 10 minutes that I knew was gonna take place. If holding SNAP....you will probably have a more pleasurable end result having an affair with OJ Simpson's wife.

StockFetcher Forums · Stock Picks and Trading · NGL - Post earnings breakout.<< >>Post Follow-up

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