Ok, in May Fortress Paper ( FTP ) reported above forcasted earnings. Also theres a report of their paper possibly being used for currency. I see the stock is on an up trend and want to know if this would be a good play. If so, what would be the best way to trade it. Long or Short? I've never made a trade before but need feedback on my research. Any feedback is definitely appreciated. Thanks
Sorry if the heading was misleading. I thought the article was recent but it was dated May 2015. I would still like the feedback. Thanks again
Posted Nov 15, 15 2:51 PMbyStockgoat2515
Categories
Earnings, Internet Stocks
Dont try and guess how the market is going to react to earnings. Wait for price action and then execute your trades.
like he said, Don't guess what the stock is going to do. REACT to what it does. Once it has reacted positively look for possible entrys. Look at support and resistance look to dip buy near support and on breakouts
Thanks guys. Much appreciated!
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