AAPL gapped up yesterday on a huge earnings beat. It took a day and a half to consolidate the wide gap and form a perfect B&B setup this afternoon. Sweet!
CYD formed a bullish handle at resistance. Rally formed a bull flag shortly out of the base, after which it reached full extension of the week's trading range. I'm targeting $25.00 near term if it can hold these gains.
STEC finally succeeded in breaking out of its base, but the trade was choppy to say the least.
QCOM - wide earnings gap but couldn't extend below $39.00.
AMZN rallied ahead of earnings, but at these lofty levels, the whisper numbers were well beyond consensus.
AMZN issued an earnings beat of just $0.05 and guided Q2 in line, hence the stock gave back all of the week's gains after hours as depicted on the chart below. I'll be watching to see if the daily
trendline gets taken out tomorrow.
AAPL gapped up yesterday on a huge earnings beat. It took a day and a half to consolidate the wide gap and form a perfect B&B setup this afternoon. Sweet!
CYD formed a bullish handle at resistance. Rally formed a bull flag shortly out of the base, after which it reached full extension of the week's trading range. I'm targeting $25.00 near term if it can hold these gains.
STEC finally succeeded in breaking out of its base, but the trade was choppy to say the least.
QCOM - wide earnings gap but couldn't extend below $39.00.
AMZN rallied ahead of earnings, but at these lofty levels, the whisper numbers were well beyond consensus. AMZN issued an earnings beat of just $0.05 and guided Q2 in line, hence the stock gave back all of the week's gains after hours as depicted on the chart below. I'll be watching to see if the daily trendline gets taken out tomorrow.
No comments:
Post a Comment