What earnings season means for A.M.P.D. traders
Netflix ($NFLX) had a breakaway gap up on earnings this week, and so far it’s managed to build on those gains. When a stock explodes above resistance after a strong earnings report, the price is more likely to stay high than in other types of breakouts. Adam Sarhan explains why A.M.P.D. traders like to “buy high and sell higher.”
Our podcasts and articles are for educational purposes and do not constitute financial advice. There is inherent risk when trading in the market, and past performance does not predict future performance. The “Last Week” podcast is designed to help self-guided, independent traders understand the A.M.P.D. trading strategy.