There are so many ways GSX can run for its earnings release. I pretty much copied the pattern it created during the last earnings run as it looks similar to Fridays close. We have a bearish pennant which will take two days to create a small enough wedge for the stock to ascend. The wave is not to scale and will probably be adjusted as the week begins.
What I like about GSX for its earnings run?
1)Huge gap $20 Gap that must be filled.
2)Great support at the .236($68.20) Fib.
3)if the .236 Fib breaks then we create a double bottom at 0 ($64.39).
4)Very similar start to the last earnings run.
What I like about GSX for its earnings run?
1)Huge gap $20 Gap that must be filled.
2)Great support at the .236($68.20) Fib.
3)if the .236 Fib breaks then we create a double bottom at 0 ($64.39).
4)Very similar start to the last earnings run.