Playing an earnings and revenue beat right before market close and I got it. With just a couple minutes to go before market close, FireEye looked like a good swing long setup. I bought about 1 minutes before market close and pushed out an instant text alert to Premium members.
The Twiggs Money Flow has been rising into the downward move suggesting that more money is flowing into the stock as it’s dropped in value. The MACD histogram bars appear close to bottoming. But the most beautiful thing about the chart is the textbook bullish hammer candlestick today, August 1, 2018. When a hammer forms after a good pullback, going into an earnings announcement that you think is going to beat, well that’s a pretty sweet setup. FireEye reported an earnings and revenue beat after market close like I gambled they would. Sweet.