I am short..i just want to gain 5-7% then i am out......if the earning is good, it will go down hill and it should be RED before the earning..if it's bad earning, then it will go uphill for a week....EVIDENCE ?
7/16/2013....it was uphill trend before 7/16.... BAD
4/16/2013.....it was downhill trend ....GOOD
2/12/2013....IT WAS UPHILL TREND - BAD
10/16/2013..IT WAS UUPHILL TREND - BAD
7/17/2013...IT WAS DOWNHILL TREND - GOOD
In conlusion...if u're short...don't buy it now..WAIT UNTIL October 14 to buy it...
Every company has the trick...u guys have to look at HISTORICAL PRICES on NASDAQ to test it.....not every company goes downhill is good. But almost 80% downhill is always a good sign....it depends on how the PUMPER wants the pattern to be...therefore, u guys have to test it and play around with it.