The company reports Monday of next week. Looks like Pro Traders used a swing trading earnings strategy and some took profits ahead of the report.
The stock has a low percentage of the shares held by institutions, so emotional trading candlestick patterns are problematic at times. It's important to buy and sell with the Pro Trader patterns in speculative stocks.
Martha Stokes, CMT
www.TechniTrader.Courses
Learn how to use the technical patterns of each market participant for better trade planning.
www.TechniTrader.Courses
Learn how to use the technical patterns of each market participant for better trade planning.