Trends
Bullish trend
- higher highs, higher lows
- 50 SMA > 200 SMA
- VWAP > 200 SMA
- Price > VWAP and price > 200 SMA
- 20 SMA > 40 SMA
- Go long when price bounces of support level
- Price > 200 EMA and price > VWAP
Bearish trend is opposite.
Law of Narrowing Oscillations
EARNINGS PLAY STRATEGIES (TJ)
If the earnings are on Wednesday morning, you gotta listen to the call by 8, while listening to the call just buy into the company/ avg up if you hear any bad news, you sell your position. If it’s good news just leave it, wait until retail investors buy-in at market open and sell it at its peak. usually by 12 -1 pm, this is all dependent on how well the news is.
I usually buy into the Earning early in anticipation of a good earnings, the stock should be bullish, 1–2 day ahead of the earnings report. Then i sell a majority of my position before the earnings and i will avg up when i know the…
