Sunday, February 9, 2014

February 9th 2014: A kinder, gentler way to play earnings.....

Here's a post-earnings set-up that I'm seeing play out successfully lately.

And here's the best part:  you don't need to gamble into earnings or face premium crush after the news is out.

Step 1.  Wait for earnings to come out.  Don't gamble into earnings.
Step 2.  Wait for a flag to appear
Step 3.  Wait for flag to break
Step 4.  Buy the break or minor pullback
Step 5.  Manage trade to reduce risk

Here's some recent chart set-ups:



For more charts and to read a disclaimer, check out my public chart list on stockcharts:
http://stockcharts.com/public/1109955

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