Negustrader75
EssentialSetup: Retest after gap up (on news) RS 94 -uptrend -volum contraction -gap up not on EPS/Sales just on news. De volume when the news is damn high Play: entrty: Break above yesterday high , small position "buy the rumor sell the news" next earnings on 6/8 Stop loss; under candle yesterday Target 2.5R, pivot
NASDAQ:GRPN Setup : pull back slingshot -RS 98 -uptrend -contaction in volume -EPS double digit up (2/3) ,Sales down( 0/3) Play: Entry trigger 34.69 break out with enough volume Stop loss: under break out candle Target: 2.5R or ride the EMA next pivot point 41,16 !!Not covered by fundamentals!!
Entry Trigger: Entry above $149.95 with strong volume Technical Indicators: -RS = 91 -clear uptrend -contracting volume before breakout -Fundamentals Last 3 quarters show rising EPS and sales Play Stop Loss Below the breakout candle Target Minimum 2.5R / ride the EMA Sell in to strenght nex pivot 165,05