Earning Announcement (EA) Play on Business-Service Sector
Characteristics These stocks would run up about a month before earning announcement.
Technical Indicator AB, W%R, AO, RSIS, MF
Methodology Set time frame around 40 Days prior. Look for W%R < -80 where RSIS is oversold. Watch for MF to reverse. Let it run through EA on trailing stop.
Strategy Covered Synthetic Strike – Set a OTO order on reversal of fortune.
No comments yet.
Leave a comment
-
Recent
-
Links
-
Archives
- August 2008 (6)
- July 2008 (1)
-
Categories
-
RSS
Entries RSS
Comments RSS