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How to Play an Earnings Pivot
I like to fish the low in a handle and pull back by it over some prior high. And on earnings, it's meaningful. The idea is I'm fishing the low in this handle to the overall cup. As I'm taking out a prior high, I see the excitement at 1200. Then it pulled in and then kind of based a little bit during the day. If you're up 3% on the day to your buy point and then you're buying it, you're in a straight up,. But your odds aren't as good as if you're kind of basing around your buy point that kind of breaks out like at your normal base.