January 25, 2013
Uncategorized
By Geoff Bysshe
There is an interesting pattern in today's numbers. Below is the list of the 25 most unusually large volume moves on 1/24 taken from a list of stocks that reported earnings prior to that trading session. Interestingly, many of the stocks that initially gapped lower proceeded to rally from the lower open. A number of these are also at key moving averages such as the 50-day. This could create some good trading opportunities in the days and weeks ahead.
If you are a HotScans member, remember the list of stocks reporting earnings are set up as preset portfolios for you so you can see all this and resort it in real-time and pre/post market.
