Moving in AH on earnings
swinging overnight. with continuarion could hit 58-60 tonight or tomorrow.
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RideTheTide : The price seems not moving, even dropped back after initial increase. Could this earnings be a strong catalyst?
TrendTraderOP RideTheTide: It’s possible. Who knows how the market will respond tomorrow.
It could be people who were in at market close or just after are collecting profits. Or it could be a bigger sell off. Looks like currently it is back to 52+ levels so probably the first scenario.
Over psych level of 50 likely to gap up in the morning and possibly keep moving.
RideTheTide TrendTraderOP: Hope so
sGpcGhost : It crash back down at premarket. Donated for 3 quarters. Guess have to sell call or buy put for it.
TrendTraderOP sGpcGhost: Maybe. Depends on how it acts after 10am. It could be bought up and go green for the day