Who wants to buy this drug retailer today?


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This is how one could manage a position in $RAD based on the analysis posted above and the impending earnings.

1) This is the day the stock gave a GWF Long setup. The next day price went up.

2) The next day, the day before earnings, price came down a bit though Traffic Light color remained green and the closing price was above breakeven. CUE guideline is not to hold a short-term swing trade across earnings and one would follow that to exit the position with a small profit.

3) Today, after earnings the stock gapped down. Exiting before earnings proved to be a good risk management approach. Now the price is near Memory support. If it hits the support and bounces up, that may give a Bounce long setup. You may keep an eye on that.


Disclaimer: This site is for educational purposes only, explaining the use of CUE systems and techniques. It is not for trade advice. Trading involves risk. You and only you are solely responsible for the outcome of your trades.

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