Gap before Earnings

2021年5月24日

$NYSE:GPS fired off a bullish signal this morning at a support level that fit my rules for a long trade entry. I'll be watching this closely through the week as the stock has Earnings on 5/27 which can be a maker or breaker of a great trade.

2021年5月28日

註釋

Closed out the trade when it got to resistance on Wednesday. As it turned out holding until right before earnings would have been perfect. Yet another example of why you just don't take on earnings risk if you're swing trading.