EVOK ($3.78) & CLD ($3.45)?
Well since everyone knows about EVOK I'll cover them briefly.
EVOK In my opinion falls under the chart category of Stair Stepper and or Supernova.
Now this chart is EVOK.
EVOK is set for another morning spike and unlike when I screwed up on PYDS. The problem with PYDS was that there was no volume:
| 10-Day Avg. Volume | 212,351 |
|---|
But look at EVOK volume:
| 10-Day Avg. Volume | 5,220,758 |
|---|
Even though PYDS had amazing news I learned my lesson: you cant judge a stock by its company, got to go by their chart... And volume I guess.
With all this, take a peak at CLD Volume:
| 10-Day Avg. Volume | 941,061 |
|---|
And their chart:
Now look at EVOK and CLD side by side.
EVOK CLD
I believe CLD ($3.45) is going to be a copy of EVOK ($3.78) in terms of morning spikes. Even though I said judge a stock but their chart not their company, that doesn't mean the news doesn't hype the price... Hint, CLD Q2 2016 Results came out 07/28/16. Comment and message me, I like input, tell me I'm wrong.
DISCLAIMER: THIS IS NOT A RECOMMENDATION TO INVEST IN THESE STOCKS
Don't know if I really gotta do that^






I like how you laid this out. What i've noticed with earnings winners, they will spike at market open, hit a High Of the Day then start to fade out. If they break out past that first HOD, it will soar. If it doesn't it will just continue to fade, or flatline.
Very nice input.
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