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Earnings Trade Setups, part 2 (video)

This is a follow-up to Wednesday's Earnings Trade Setups & Trading Tips video. In that recent video, I had scrubbed through a long list of stocks that were scheduled to report earnings on Wednesday March 8th, narrowing it down to a list of 20 stocks that appeared to have clearly bullish or bearish chart patterns. [...]

Earnings Trade Setups & Trading Tips (video)

The video covers the outlook for numerous stocks with clearly bullish or bearish chart patterns that are scheduled to report earnings today. Also discussed are several factors & strategies that traders might consider when trading a stock around its quarterly earnings report. One example of the point that was made in the video that it [...]

SMTC Bounce Target

As a follow-up to yesterday's unofficial long trade idea on SMTC (Semtech Corp), here's a 60-minute chart showing a resistance zone that runs from about 22.75-23.00 which is likely to cause at least an initial reaction if/when the stock gets there. As such, I'm most likely going to book full profits towards the bottom of [...]

May 29, 2015 12:39pm|Categories: Uncategorized|Tags: |Comments Off on SMTC Bounce Target

SMTC Approaching Long-Term Support Zone

SMTC (Semtech Corp) did go on to punch thru the bottom of the aforementioned trading range as I had suspected it might. Although I'm still going to hold off adding SMTC as an official trade idea, I went ahead and decided to take a relatively minor position. In my previous post, I had mentioned that [...]

May 28, 2015 2:09pm|Categories: Uncategorized|Tags: |Comments Off on SMTC Approaching Long-Term Support Zone

SMTC At Support

For the past year & a half, going long SMTC (Semtech Corp) while at the bottom of this trading range (bottom white line) and/or when the stock became oversold (RSI 30 or less) has proved to be a timely entry for a long-side bounce trade. A long here with a stop slightly below the bottom [...]

May 28, 2015 10:47am|Categories: Uncategorized|Tags: |Comments Off on SMTC At Support